Rate-rise frenzy fails to force home sales

There is no sign yet of a sharp lift in forced home sales as interest rates continue to rise. (Bianca De Marchi/AAP PHOTOS) (AAP)

Rising interest rates may be hitting household budgets hard but the rapid rate tightening has not yet triggered a wave of forced sales.

CoreLogic data shows homeowners are slightly more likely to be selling at a loss, but the number of loss-making sales has not spiked dramatically in line with the sharp decline in dwelling values.