Regional centres outpace cities, as tighter lending standards continue to bite

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The overall dwelling values of Australia’s capital cities have recorded their first annual decline since 2012, while prices in regional centres have continued to rise.

The combined value of capital city dwellings slipped by 0.3% in the past 12 months, driven by falls in Sydney (-3.4%), Perth (-2.3%) and Darwin (-7.7%), as tighter lending standards continue to bite.

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Read More Annual capital city home values fall for the first time since 2012

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