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ABC News
ABC News
Business
business reporter Stephanie Chalmers and Rhiana Whitson

National property price rebound gathering pace despite interest rate rises, with Sydney leading the recovery

Sydney has led the housing market recovery, with prices up 3 per cent from their November low, according to PropTrack. (Four Corners)

The house price recovery gathered pace in May, with Sydney continuing to lead a broad recovery, as the number of properties listed for sale fell further. 

The latest CoreLogic national Home Value Index rose by 1.2 per cent last month, its third straight monthly rise.

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