We are witnessing a replay of the post-GFC housing boom

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CoreLogic has released its full dwelling values results for February, which confirmed that a synchronised boom has developed with every capital city market and Australia’s regions reporting strong price inflation.

The results are summarised in the table below:

The 2.1% price growth nationally was the strongest month-on-month increase since August 2003:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.