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The national clearance rate for auctions has firmed up to 72.8 per cent on preliminary numbers with buyer activity rising from population growth.
An Australian now needs to be among the top six per cent of income earners to afford a capital city house. But there are possibilities for those on an average salary.
The Australian housing market found a new gear in February, with Perth leading the way.
CoreLogic's home value index shows that prices are on the rise, but they aren't likely to soar.
Growth in the country’s biggest housing markets has slowed showing higher interest rates have hit harder than expected.