SQM's asking prices show multi-speed property recovery

Nice tool this from SQM Research, which allows you to view movements in asking prices by postcode.

Asking prices for houses in Sydney (+7.3%) and Perth (+7.4%) have moved up strongly over the past 12 months. Darwin also has seen asking prices well up.

In other cities, asking prices have not responded to record low interest rates in the same way.

Source: SQM

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