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AAP
AAP
Politics
Poppy Johnston

Housing rebound eyes new mark but rates threat looms

Home prices have recovered strongly since January, to the surprise of industry and banking experts. (Lukas Coch/AAP PHOTOS)

Australia's housing market is about to sail past its previous record high, but the possibility of another cash rate lift and an injection of new properties for sale could keep future growth in check. 

The housing market experienced a steady downturn throughout much of 2022 as interest rates started going up. 

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