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The New Daily
The New Daily
Sezen Bakan

Construction crisis and more migration behind rising house prices

Australia Shane Oliver
10 News First – Disclaimer

Australian house prices will continue rising with soaring construction costs that have shelved new developments, putting further pressure on the market.

After falling 9.1 per cent between May 2022 and February 2023, Australian housing values rose by 1 per cent between February and April, CoreLogic data shows.

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