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Irresponsible lending in regulators' sights amid rising house prices

SBS Khmer

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Housing in Australia

According to property consultant Core Logic, Sydney's prices surged almost 20 per cent compared with this time last year. Source: AAP

Capital city house prices are growing at their fastest annual rate in almost seven years, but regulators are taking a close look at irresponsible lending practices. Researcher Corelogic says capital city house prices rose 1.4 per cent, to be nearly 13 per cent higher for the year.

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By Ricardo Goncalves, Sopharany Hay, Matt Connellan

Source: SBS

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Capital city house prices are growing at their fastest annual rate in almost seven years, but regulators are taking a close look at irresponsible lending practices. Researcher Corelogic says capital city house prices rose 1.4 per cent, to be nearly 13 per cent higher for the year.

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