House prices to fall as rate hikes bite

By Colin Brinsden, Aap Economics and Business Correspondent
Updated June 1 2022 - 4:56am, first published 4:53am
House prices declined in May, led by falls in Sydney, Melbourne and Canberra.

The first decline in national house prices in almost two years is a sign of things to come as rising interest rates take their toll, economists say.

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