Housing market surge following Labor election victory

Labor's landslide election victory has given Australia's housing market a bounce ahead of an expected interest rate cut next week. Auction clearance rates jumped to 70 per cent in the week following the election, according to initial figure https://www.9news.com.au/national/australian-property-market-surging-post-election/ade6c149-4ee7-4e57-85c0-1ba6aa4b3642