Australia Property Prices Accelerate as Supply Shortfall Bites
(Bloomberg) -- Australia’s housing-market momentum accelerated in August as demand from a growing population vacuumed up new supply and outweighed the impact of the central bank’s aggressive policy tightening campaign.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallPutin Moves to Seize Control of Wagner’s Mercenary