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Is empy housing part of the problem of rising prices?

A unit block in Sydney (AAP) 704

A unit block in Sydney (AAP) 704 Source: A unit block in Sydney (AAP) 704

Property analysts suggest hundreds of thousands of houses and apartments may be unoccupied across Australia, a situation they say is exacerbating the housing crisis. It comes as dwelling prices nationwide rose by 1.4 per cent in February, with the median price standing at $570,000. That is up nearly 11% over the past 12 months.



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