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Australian home price growth accelerates

Annual growth in prices surged to 9.3% in November, from 7.5% in October

Data shows home prices in Sydney kept up their blistering run with a rise of 0.8 per cent in November, from October.


AUSTRALIAN home prices rose for the 11th straight month in November and the annual pace of growth quickened noticeably, a red flag to policy makers concerned about the risk of a debt-fuelled bubble.

Property consultant CoreLogic said its index of home prices for the combined...

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