CoreLogic data, the headline is the 'combined capitals'
- For the y/y up 3.0%
The 'national' level results is +1.1% m/m and 2.3% y/y.
House prices had been on the decline in Australia, which impacted to slow consumer spending and confidence … maybe the pick up will help turn these around. Prices have steadied and improved over the past 6 months.
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Earlier from Oz ...ugly: