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AAP
AAP
Business
Poppy Johnston

Home price slide loses momentum as new listings tighten

Tim Lawless CoreLogic PropTrack
The residential property market continues its downturn but the rate of decline has pulled back. (Jono Searle/AAP PHOTOS) (AAP)

The residential property market continues its downturn but the rate of decline has pulled back sharply.

The monthly home value index released by property data from CoreLogic declined 0.14 per cent over the month - the smallest monthly loss since the Reserve Bank first started hiking interest rates in May last year.

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