Thousands wiped from Sydney and Melbourne house values as rates and oil start to bite
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Source: The Age
Published: 2026-05-01 00:01 UTC+10:00
Section: Property / News
Factuality Score: 100
Opinion Category: Neutral
Topics: Australia, Energy, Economy & Finance, Financial Markets, Property & Housing, World News, Business & Economy
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Snippet:
The nation’s property market was slowing even before the Reserve Bank’s second interest rate rise started hitting home buyers, new figures show, with thousands of dollars wiped from the value of houses in Sydney and Melbourne.
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