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Australian house prices turn two-speed

February 26, 2024 - 13:30 -- Admin

ANZ Bank senior economist Adelaide Timbrell says higher mortgage interest rates appear to have weighed on house price growth in Sydney and Melbourne in recent months. She adds that this trend is likely to continue in early 2024. The bank has downgraded its house price growth forecast for Sydney in 2024 to 4-5%, compared with

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