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House prices tipped to surge 30% on the back of cheap money

According to new documents released from the Reserve Bank of Australia, persistently low interest rates could push up property prices by as much as 30 per cent.

House prices tipped to surge 30% on the back of cheap money
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House prices tipped to surge 30% on the back of cheap money

An internal RBA document, made public on Friday, has predicted a 30 per cent growth in property prices over a period of three years if interest rates remain persistently low.

Read more at Nestegg.

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