Australian house prices hit record high for fifth consecutive month

CoreLogic data shows prices rose 0.6% in March while separate index from PropTrack produces similar results

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National home values set a record high for a fifth consecutive month in March as a resilient economy and the swelling population pointed to further increases to come.

The home value index compiled by data group CoreLogic showed prices rose 0.6% last month, matching February’s increase. Median home prices were $772,730, rebounding just over one-tenth since its recent nadir in January 2023.

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