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Rate cut could fuel further house price growth across country

Summary by localipswichnews.com.au
Alex Mitchell AUSTRALIAN home values have continued to soar, and an expected post-election rate cut is likely to fuel further growth. Defying economic uncertainty caused by US President Donald Trump’s trade tariffs, the national median dwelling price rose 0.3 per cent in April to $825,000 according to Cotality, formerly known as CoreLogic. Dwellings in Darwin saw the biggest spike, climbing 1.1 per cent to $526,000. Cotality’s research director …
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localipswichnews.com.au broke the news in Ipswich, Australia on Wednesday, May 7, 2025.
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