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Mortgage surge bullish for house prices

February 12, 2020 - 00:15 -- Admin

Yesterday’s new mortgages data from the Australian Bureau of Statistics (ABS) contained more bullish news for Australian house prices with both owner-occupied and investor mortgage demand lifting in December, continuing the strong rebound that began in mid-2019 following the federal election: As shown in the next chart, there is a very strong correlation between new

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