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AAP
AAP
Business
Jacob Shteyman

Treasurer tips housing growth despite investor slump

Treasurer Jim Chalmers expects to see modest house price growth over the next couple of years. (Susie Dodds/AAP PHOTOS)

New investor home loans have plummeted since the May budget, but Treasurer Jim Chalmers insists house prices will continue to grow over the next two years.

Commonwealth Bank was the latest lender to reveal data confirming the impact of the government's curbs to negative gearing and capital gains tax concessions has hit their mortgage book.

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