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Australia home prices fall for fifth month in February

Tighter rules on investment lending chills Sydney market

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The inexorable rise of prices in Australia's major cities has put homes out of reach for many first-time buyers.

Sydney

HOME prices across Australia's major cities fell for a fifth straight month in February as tighter rules on investment lending chilled the once red-hot Sydney market, a relief to regulators but a weight on consumer spending power.

Property consultant CoreLogic said on...

sentifi.com

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