SYDNEY: Australia’s housing market is booming again, with the biggest monthly price gain in 17 years dispelling fears of a Covid-induced downturn.
Nationwide house values surged 2.1% in February, the largest increase since August 2003, CoreLogic Inc data showed. Capital city prices gained 2%, led by Sydney and Melbourne.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!