LIVE

AGGREGATED External reporting by The Guardian — World. This page summarizes the publisher's feed entry; the full article is on www.theguardian.com.

Home values fall for seventh consecutive month as interest rates dent demand

THE GUARDIAN — WORLD · Jonathan Barrett Business editor ·

Image accompanying: Home values fall for seventh consecutive month as interest rates dent demand
Image: The Guardian — World

Centre of downturn shifts away from Sydney and Melbourne, but after such strong growth most homeowners still sit on sizeable gains Get our breaking news email, free app or daily news podcast Australian home values have dropped for a seventh consecutive month, with prices in the capital cities now falling at the fastest pace in 40 years as rising mortgage rates scare off buyers. Cotality data…

READ THE ORIGINAL AT THE GUARDIAN — WORLD ↗ MORE FROM THIS SOURCE

RELATED REPORTING