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Investors catapult house prices higher

July 9, 2024 - 00:05 -- Admin

The latest mortgage finance data from the Australian Bureau of Statistics (ABS) demolished the notion that investors are abandoning Australia’s housing market. There were $10,670 million worth of mortgage commitments in May 2024, up from 29.5% from the same month in 2023. By comparison, there were $18,127 million worth of owner-occupier mortgages (excluding refinances) in

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