Australian house prices fall for second month as interest rates rise

CoreLogic's home value index drops for the second month in a row, after declining 0.6% in June

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House prices are continuing to decline and falls are expected to accelerate in the coming months as rising interest rates take their toll.

CoreLogic's home value index has fallen for the second month in a row, after declining 0.6% in June when the central bank delivered another rate hike.

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