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flag Australian home values hit record highs in March, up 0.4%, after the first interest rate cut in four years.

flag Australian home values rose 0.4% in March, reaching record highs following the Reserve Bank's first interest rate cut in four years. flag This growth was seen in all capital cities except Hobart and across all rest-of-state regions. flag While the rate cut has boosted buyer confidence and borrowing capacity, affordability remains a challenge due to high price-to-income ratios and interest rates above historical averages. flag The Reserve Bank is expected to maintain the cash rate at 4.10% in its upcoming meeting.

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