Sydney, Melbourne house prices post fastest quarterly growth in three years - Sydney Morning Herald

Sydney, Melbourne house prices post fastest quarterly growth in three years - Sydney Morning Herald

A 3.6 per cent jump in the three months to September 30 takes prices in Australia's two largest housing markets back to where they were in December last year.

House prices in Sydney and Melbourne surged 3.6 per cent in the three months to September 30, the strongest quarterly gain in almost three years. The jump, aided by record-low interest rates and an easing of lending restrictions, takes prices in Australia's … [+985 chars]

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