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Oliver Peterson: Australian correspondent on Australian home prices going up
Published 7 months, 2 weeks ago
Description
Over in Australia, new data shows national home values rose 1.1 per cent over the month of October, and 6.1 per cent over the year.
All of Australia's major cities saw significant rises, with investors and first home buyers setting records as they tried to outbid each other.
Australian correspondent Oliver Peterson raises the question of what this data could mean for future rate cuts.
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