Aussie home values surge 18 per cent, but can it last? - a podcast by The Age and Sydney Morning Herald

Australian home values rose 1.5 per cent in August, according to data released today by CoreLogic.

They are now up 18.4 per cent over the past year – the fastest annual pace of growth since the late 1980s.

Today on Please Explain, business reporter Clancy Yeates joins Jess Irvine to discuss why prices are rising so fast, and what hope there is for first time buyers looking to get into the housing market.

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