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As Australia’s capital and political centre, Canberra remains one of the country’s most stable markets heading into the new decade.
Investor loans grew steadily in January, serving as one of the indicators of a strengthening market, according to experts.
Perth spent most of 2019 trading places with Darwin at the bottom of the national residential market, but even though it remained the second-weakest capital city, CoreLogic’s Home Value Index for November 2019 had good news for WA. Dwelling values actually increased by 0.4% over the October–November period. This was the first month-on-month boost recorded since the first half of 2018.
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