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ABC News
ABC News
Business
business reporter Michael Janda

House price falls ease in February with Sydney posting a rise as real estate listings dry up

The number of houses for sale is dramatically below typical levels for this time of year. (ABC News: Jordan Young)

A lack of properties for sale and the first rise in Sydney home prices in more than a year have stabilised real estate values across the nation.

CoreLogic's Hedonic Home Value Index has recorded its smallest fall since interest rates started rising in May last year, at just 0.1 per cent for February.

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