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Australian home prices stagnated last month, with growth weakening across most major cities. The article attributes the slowdown to higher borrowing costs and recent tax reforms that have sapped demand, suggesting continued residential demand softness in the near term.

Analysis

Australian home prices stagnated last month, with growth weakening across most major cities. The article attributes the slowdown to higher borrowing costs and recent tax reforms that have sapped demand, suggesting continued residential demand softness in the near term.

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Market Sentiment

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mildly negative

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