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ABC News (Australia)

ABC News (Australia)

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Sydney and Melbourne see sharpest falls in house prices | ABC NEWS

Video Overview & Insights

Australia's housing market weakened further in June, with national home values falling 0.4 per cent, the biggest monthly decline since December 2022.

Sydney led the decline, falling by 1.2 per cent, while Melbourne values dropped 1 per cent.

Growth in Brisbane, Perth and Adelaide also slowed.

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Read more: https://www.abc.net.au/news/2026-07-01/national-property-prices-market-decline-cotality/106857980

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