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The New Daily
The New Daily
Sezen Bakan

Falls in home prices are slowing, but have not hit rock bottom

CoreLogic Eliza Owen Tim Lawless Sydney
House prices are still falling, but at a slower rate. Photo: Getty

Tight housing stock has muted falls in home values, but experts warn the end isn’t in sight for declines this year.

CoreLogic’s Home Value Index released on Wednesday shows a decline of 0.14 per cent over February, marking the smallest monthly fall since rate hikes commenced in May 2022.

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