Real Estate & Home

Home prices fall across the capitals as regions remain resilient

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Australian home values have declined for a fourth consecutive month, with all capital cities except Darwin experiencing price drops. This trend is exacerbated by interest rate hikes and tax changes targeting property investors, impacting developer confidence and buyer activity in high-cost markets while regional areas remain more resilient. Developers should monitor further interest rate decisions as they could influence the extent of future price declines.

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