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Buyers are confronting a sense of FOMO : Aussie property prices rise at fastest rate in 17 years
Australia s property prices are rising at the fastest rate in 17 years as historically low interest rates and restricted supply spur buyers into action.
New data from property research firm CoreLogic shows Australian home values surged 2.1 per cent higher in the month of February â a stratospheric lift not seen since August 2003.
Over the past 30 days property prices have risen in every capital city and region of the country, signalling a sustained period of growth not seen since the end of the Global Financial Crisis.
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