** Australian real estate stocks .AXRE rise as much as 1.5% to their highest since July 9
** Sub-index posts biggest intraday pct gain since July 2
** Australian employment rose marginally in June, missing estimates by a wide margin, while the jobless rate hit highest level since November 2021
** Weak labour market raises chances of cash rate cut in August following a surprise hold in July
** Goodman Group GMG.AX up 1.2%, while Dexus DXS.AX trades 1.5% higher
** YTD, sub-index up 5.5%, vs 5.7% rise in ASX 200 benchmark .AXJO
(Reporting by Sneha Kumar in Bengaluru)
((Sneha.kumar@thomsonreuters.com;))
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