Australian home values rose 1.5 per cent in August, according to data released today by CoreLogic.

They are now up 18.4 per cent over the past year – the fastest annual pace of growth since the late 1980s.

Today on Please Explain, business reporter Clancy Yeates joins Jess Irvine to discuss why prices are rising so fast, and what hope there is for first time buyers looking to get into the housing market.

Australian home values rose 1.5 per cent in August, according to data released today by CoreLogic.
They are now up 18.4 per cent over the past year &ndash; the fastest annual pace of growth since the late 1980s.
Today on&nbsp;Please Explain, business reporter Clancy Yeates joins Jess Irvine to discuss why prices are rising so fast, and what hope there is for first time buyers looking to get into the housing market.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

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