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Hobart now has the fastest growing property prices in Australia, while long-time leader Sydney has slipped to fourth place.
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"The confidence is really good, it's back," Chris Wilkins of Ray White Drummoyne told SCHWARTZWILLIAMS.
"It is now looking very likely that housing prices at the national level are again rising modestly," said Macquarie in a note to clients.
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The majority of Australians are optimistic about the property market, says Mortgage Choice CEO, John Flavell.
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