Sydney house price rise to hit 10pc this year as recovery firms up

According to The Australian Financial Review, Sydney house prices resumed rising at a faster clip in August, increasing 1.1 per cent over the month, and defying any expectations of a double-dip downturn in values, data from CoreLogic shows.
Home values also re-accelerated in Melbourne, Brisbane and Canberra, but slowed in Perth and Hobart.
Sydney has led the recovery, with home values climbing 8.8 per cent since bottoming out in January this year, inching closer to a 10 per cent gain over 2023 as predicted by Westpac.

https://www.afr.com/property/residential/sydney-house-price-rise-to-hit-10-pc-this-year-as-recovery-firms-up-20230831-p5e0vs