Value of Australia's housing market swells

By Colin Brinsden, Aap Economics and Business Correspondent
Updated March 15 2022 - 1:56am, first published 1:51am
Residential property prices rose 23.7 per cent in 2021, the strongest annual growth in 18 years.

The value of Australia's housing market now stands at close to $10 trillion after growing at the fastest annual pace in at least 18 years during 2021.

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