Published: Aug 02, 2021, 07:15 IST | Updated: Aug 02, 2021, 07:15 IST
Australian home prices rose in July even as the Coronavirus lockdown curbed auctions in Sydney. A lockdown did nothing to stop Sydney gaining another 2.0% in the month, to be up 18.2% on a year ago. The red-hot market has provided a huge windfall to consumer wealth and confidence.