Topic: Tough times ahead for city housing markets

There has been a modest increase in capital city home values in October, but this month's interest rate rise is set to weigh on house prices in the short-term.

That is according to the RP Data Rismark Home Value Index, which rose 0.3 per cent last month seasonally adjusted.

http://www.abc.net.au/news/stories/2010 … ion=justin