Biggest house price increases in February come in smaller capital cities as buyers undeterred by interest rate hikes
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Biggest house price increases in February come in smaller capital cities as buyers undeterred by interest rate hikes
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Hot competition for cheaper Australian homes has powered a relentless “up-crash” in prices despite rising interest rates, economists warn.
Desperate first home buyers have bid up the price of affordable properties as they face off against investors, who have borrowed big despite government warnings they could lose tax discounts and deductions.
Continue reading...Source: Guardian - World News
