‘Striking turn’: Housing market marks sharp change

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Combined regional markets grew 0.4 per cent in value, compared to the combined capitals’ fall of 0.2 per cent, thanks to a combination of lifestyle choices and demographic trends. 

“From a cyclical perspective, regional areas weren’t recording the same growth conditions pre-Covid, so home values in these markets are often more affordable, and don’t have a high base to fall from,” Lawless said. 

Read this article from Yahoo Finance here.