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Articles from MacroBusiness

Sydney’s cruel housing market

July 28, 2025 - 09:30 -- Admin

Domain released its Q2 house price report last week, which showed that the median Sydney house was valued at an extraordinary $1,722,443 at the end of June, up 2.6% over the quarter and 4.2% year-on-year. This was the fastest quarterly rise in two years and the third straight gain in median house prices. Sydney unit

Macro Morning

July 28, 2025 - 09:00 -- Admin

Despite a dreadful durable goods order print on Friday night, Wall Street still pushed to new record highs as earnings are coming in solid as expected, helped by buybacks and the “Big Beautiful Bill” spending. Other risk markets were not so easily convinced with European shares falling back while the USD climbed to a two

The economic week ahead

July 27, 2025 - 16:00 -- Admin

By Lucinda Jerogin, Associate Economist at CBA The Minutes of the July RBA Monetary Policy Board Meeting re-enforced a cautious Board who wanted to wait and see quarterly inflation data before resuming its rate-cutting cycle. News offshore was dominated by trade headlines as nations worked to secure deals with the US before the August 1

Buyers rush Australian property, driving up prices

July 27, 2025 - 09:06 -- Admin

Australian home values reached a new record high in June and are expected to continue growing. The single-best leading indicator of price growth—auction clearance rates—has bounced, suggesting buyer demand is increasing. As illustrated below, final auction clearance rates are tracking at their highest levels in more than a year across Sydney, Melbourne, and the combined

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