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AAP

Business

Poppy Johnston

Housing lending records strongest lift since last 2021

CoreLogic Tim Lawless

Australian house prices continued to rise in June, with Sydney and Brisbane leading the rebound. (Russell Freeman/AAP PHOTOS) (AAP)

Lending to buy homes has jumped in line with the recovery in Australian housing prices.

The Australian Bureau of Statistics recorded a 4.8 per cent rise in May, to $24.9 billion, with the total value of new owner-occupier loan commitments increasing for owner-occupiers and investors.

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