PHOTO: Real Estate Institute of Australia (REIA) president Adrian Kelly said the CPI figure is good news for home buyers and renters.

Consumer prices during the final quarter of 2018 managed to surpass projections by market watchers and economists for the first time in two years. But what does this say about Australia’s housing market?

Australia recorded a 0.5% increase in the consumer price index over the December quarter, bringing the overall annual rate to 1.8%.

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