【Bloomberg】Australia Home Prices Rise as Virus Spread Brought Under Control

House values in major cities rose 0.2% last month, CoreLogic Inc. data released Monday showed. Prices gained in every capital city except Melbourne, which only emerged from a strict three-month lockdown on Oct. 28. Even so, since home inspections were once again allowed in Melbourne, new listings have surged and buyer activity is recovering, CoreLogic said.

“It is clear that housing markets are responding to the stimulus of low mortgage rates and improved sentiment related to measures announced in the federal budget and the low number of
new virus cases,” said Tim Lawless, head of research at CoreLogic.r

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