Economics
Australia Mining Towns Lead Gains in Housing Market Recovery
- 38% Growth for Newman, Near Tropic of Capricorn in Pilbara
- Houses Near Port Pirie Smelter Surge 71% in 12 Months to Aug.
The Nyrstar NV's Port Pirie lead smelter is seen from a playground.
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Home prices in Australia’s mining towns are leading the recovery in the property market, accounting for nine out of the 10 suburbs with the strongest growth in median prices.