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Live News EQUITY ARTICLE M impact

Australian Home Prices Fall For Sixth Straight Month

Australian home prices declined for the sixth consecutive month in September, with property data firm Cotalit figures showing a deepening slump in transaction volumes. Another interest rate hike this week is expected to push the market into its worst downturn in three decades.

Australian home prices declined for a sixth consecutive month in September, with a deeper slump in transaction volumes, data showed on Thursday. Another interest rate hike this week is expected to push the market into its worst downturn in three decades, according to the data.