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Home values fall for seventh consecutive month as interest rates dent demand

Home values fall for seventh consecutive month as interest rates dent demand
Image: The Guardian - World

Centre of downturn shifts away from Sydney and Melbourne, but after such strong growth most homeowners still sit on sizeable gainsGet our breaking news email, free app or daily news podcastAustralian home values have dropped for a seventh consecutive month, with prices in the capital cities now falling at the fastest pace in 40 years as rising mortgage rates scare…

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