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The Australian Bureau of Statistics (ABS) yesterday released dwelling values data for the December quarter, which recorded the strongest calendar year growth in the series’ history.
At the national capital city level, dwelling values surged by 23.7% in 2021, with six of eight markets rising by more than 20%:
Strongest annual growth on record.
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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.
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