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Melbourne house prices fall as interest rate rises loom and housing affordability constraints bite

Melbourne house prices fell 0.7 per cent over the last three months and economists expect further declines as interest rates rise, more homes are listed for sale and affordability constraints bite.

Melbourne house prices fall as interest rate rises loom and housing affordability constraints bite

Melbourne house prices fell 0.7 per cent over the last three months and economists expect further declines as interest rates rise, more homes are listed for sale and affordability constraints bite.

Melbourne house prices fall as interest rate rises loom and housing affordability constraints bite

Melbourne house prices fell 0.7 per cent over the last three months and economists expect further declines as interest rates rise, more homes are listed for sale and affordability constraints bite.

How to bid for a home at auction in a cooling market

The dynamics of the auction floor are changing, with house hunters increasingly making low offers or holding back from bidding, but that’s not always the best approach.

Real estate: house prices fall in 40pc of Sydney suburbs

Dwelling values have dropped in nearly two in five Sydney suburbs, while almost half of all Melbourne suburbs analysed posted price declines.

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