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Home buying intentions swing higher, while retail posts modest improvement, CBA says

The Reserve Bank's string of interest rate cuts are having an effect — but primarily on the housing market, not broader consumer spending, according to the latest data from the Commonwealth Bank.

Home buying intentions swing higher, while retail posts modest improvement, CBA says
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  • Shared by the ABC
  • November 20, 2019
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Every month CBA analyses transaction data from its customers and matches that up with Google search results to determine how much people are spending, and on what.

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