Australian home prices rise again in March, led by Sydney

March 31, 2015 11:23 PM

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SYDNEY, April 1 (Reuters) - Home prices across Australia's capital cities rose in March led by a blistering pace in the Sydney market, complicating policy considerations for the central bank which is under pressure to cut interest rates again amid falling commodity prices.

Figures from property consultant CoreLogic RP Data showed dwelling prices across all of Australia's major cities climbed 1.4 percent in March from February, to be 7.4 percent higher than a year earlier.

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