Australia house price index for February +1.4% m/m (prior +0.7%)

CoreLogic data
Annual growth is now at it quickest in 6 years
– +11.7% y/y
– Sydney and Melbourne leading the way (no change there), +18.4% and +13.1% y/y respectively
Not a forex mover, but underlining RBA concerns and a factor that will weight against more rate cuts.

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