Australia’s two largest cities have seen a bounce-back in home values over the past two months, with Sydney recording a cumulative rise of 3.3 per cent and Melbourne up 3.2 per cent over August and September.

Corelogic says the September housing market results offer “further confirmation” Australia’s housing market recovery “is in full swing” across the two major capital cities, while the remaining capitals and regional areas show “a mixed result”.

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