AUSTRALIAN home prices ended 2019 with the biggest quarterly rise in a decade, a remarkable return to boom from bust that promises to support consumer wealth and, perhaps, spending.
Data from property consultant CoreLogic out on Thursday showed that home prices across the nation rose 1.1 per cent in December, from November when they climbed 1.7 per cent.
That brought the gains for the three months to December to 4 per cent, the steepest rise since late 2009 and a world away from the punishing declines seen earlier in the year.
Read more: https://www.businesstimes.com.sg/real-estate/australian-home-prices-end-year-with-strongest-quarter-gains-since-2009
Data from property consultant CoreLogic out on Thursday showed that home prices across the nation rose 1.1 per cent in December, from November when they climbed 1.7 per cent.
That brought the gains for the three months to December to 4 per cent, the steepest rise since late 2009 and a world away from the punishing declines seen earlier in the year.
Read more: https://www.businesstimes.com.sg/real-estate/australian-home-prices-end-year-with-strongest-quarter-gains-since-2009
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