CoreLogic’s September housing market chart pack shows that the rebound in dwelling values nationally has been driven overwhelmingly by the premium end of the market:
This rebound in premium property values caused luxury car sales to rise for the second month in a row in August, while sales for the year to August increased by 0.6%. However, over the same period, sales of standard cars fell by 10.1% in August.
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From The AFR:
