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Sydney house prices tipped to push higher

From the Sydney Morning Herald

Property prices in Sydney’s inner and middle rings could rise by up to 10 per cent this year, according to an industry association.

The Real Estate Buyer’s Agents Association of Australia said much depended on the effect of rising interest rates and tighter loan conditions.

But property prices will rise in key centres in Queensland, NSW, Victoria, South Australia and Tasmania, with Sydney in particular set to benefit from pent-up demand and increases of up to 10 per cent, it said.

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