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AAP

Politics

Poppy Johnston

Home price upswing not 'typical recipe' for rate cuts

Paul Bloxham Housing Market ANZ Inflation RBA the Australian Bureau of Statistics

Auction clearance rates have been trending higher, consistent with rising home values. (Diego Fedele/AAP PHOTOS)

Australia's housing market continues to exhibit strength though its resilience could push out the timeline for interest rate cuts.

HSBC chief economist for Australia Paul Bloxham says talk of policy easing has helped boost consumer confidence and buoy home prices.

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