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AAP
AAP
William Ton

House prices smash records, wiping out downturn losses

Nicola Powell Australia Housing Market
House prices in Sydney are again leading growth rates around the nation's state capitals. (Mick Tsikas/AAP PHOTOS)

Australia's housing market has reached record heights, completely rebounding from its losses during the 2022 downturn.

The housing market in all state capital cities rose over the December quarter while capital city unit prices and Canberra rose in the same period, according to Domain's House Price Report.

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