Australian house prices fall for seventh straight month amid rate pressure

Australian home values have dropped for a seventh consecutive month, with reports saying the decline could become the largest property downturn in 40 years. Items say homes are losing about $9000 a month as the RBA weighs another rate hike.

Timeline

1. 1 Nov, 11:30 UTCFirst appeared on Google Trends
2. 1 Nov, 11:30 UTCABC News covers seventh consecutive price fall
3. 1 Nov, 11:30 UTCGuardian reports values fall for seventh month

Top sources

• real estate marketGoogle Trends
• Homes losing $9000 a month as RBA mulls another rate hikeSMH.com.au
• Home values fall for seventh consecutive month as interest rates dent demandThe Guardian