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Domain has released its June quarter house price report, which recorded 5.8% growth in detached house prices at the national capital city level, with values up a whopping 18.8% year-on-year:
Insane price growth.
As shown above, all capitals recorded double-digit price growth in the 2020-21 Financial Years.
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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.