Australian Homes for Sale Climb 14.5% in October From Year Ago

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Australian properties listed for sale increased 14.5 percent in October from a year earlier, according to data from SQM Research Pty.

Homes offered for sale climbed to 383,217 in October from 334,575 a year ago, the Sydney-based research group said in an e-mailed statement. Listings in Melbourne surged 42.1 percent from last year.