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Home prices rise 1.5pct in April

Housing prices gained momentum in April after stalling in March, preliminary figures from CoreLogic RP Data show.

Prices rose by 1.5 per cent in April after gaining only 0.2 per cent in March, according to an estimate based on sales in the mainland state capitals for the first 28 days of April

Detailed data for the whole month and covering all capital cities and regions will be published on Monday, CoreLogic RP data said.

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