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ABC News
ABC News
Business
business reporters Sue Lannin and Rhiana Whitson

Home prices drop for the second month in a row as Reserve Bank's aggressive interest rate rises hit hard

Reserve Bank Home Prices Jo Masters CoreLogic Melbourne Adelaide RBA Tim Lawless Interest Rates Sydney
The Reserve Bank's steep rises in interest rates have seen national home prices fall again led by Sydney and Melbourne.  (ABC News: John Gunn)

National property prices have fallen for the second month in a row, as higher interest rates and unaffordable prices hit demand for homes, while rental rates are rising at a faster rate than housing values.

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