February 22, 2024
Australian Home Prices Show Signs of Recovery with Capital Cities Leading the Way

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📈🏡 Good news for homeowners and property enthusiasts!

The recovery of home prices in Australia is gaining momentum, with national prices now just 0.1% lower than a year ago. The combined capital cities are even surpassing last year’s prices.

🌇💰 According to the latest PropTrack Home Price Index, home values rose by 0.3% in June. Despite interest rate hikes, limited new properties hitting the market and strong housing demand are supporting the price growth.

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