diff --git a/eng/Versions.props b/eng/Versions.props
index 391229853..706e11a12 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -110,16 +110,16 @@
     <!-- Cross-release dependency versions -->
     <MicrosoftDotNetCommonItemTemplates50PackageVersion>5.0.403</MicrosoftDotNetCommonItemTemplates50PackageVersion>
     <MicrosoftDotNetCommonItemTemplates60PackageVersion>6.0.302</MicrosoftDotNetCommonItemTemplates60PackageVersion>
-    <MicrosoftDotNetCommonItemTemplates70PackageVersion>7.0.100-rc.1.22416.16</MicrosoftDotNetCommonItemTemplates70PackageVersion>
+    <MicrosoftDotNetCommonItemTemplates70PackageVersion>7.0.100-rc.1.22429.2</MicrosoftDotNetCommonItemTemplates70PackageVersion>
     <MicrosoftAspNetCoreAppRuntime50PackageVersion>5.0.13</MicrosoftAspNetCoreAppRuntime50PackageVersion>
     <MicrosoftAspNetCoreAppRuntime60PackageVersion>6.0.1</MicrosoftAspNetCoreAppRuntime60PackageVersion>
-    <MicrosoftAspNetCoreAppRuntime70PackageVersion>7.0.0-rc.1.22423.7</MicrosoftAspNetCoreAppRuntime70PackageVersion>
+    <MicrosoftAspNetCoreAppRuntime70PackageVersion>7.0.0-rc.1.22427.2</MicrosoftAspNetCoreAppRuntime70PackageVersion>
     <MicrosoftWinFormsProjectTemplates50PackageVersion>5.0.17-servicing.22215.4</MicrosoftWinFormsProjectTemplates50PackageVersion>
     <MicrosoftWPFProjectTemplates50PackageVersion>5.0.17-servicing.22218.2</MicrosoftWPFProjectTemplates50PackageVersion>
     <MicrosoftWinFormsProjectTemplates60PackageVersion>6.0.7-servicing.22322.3</MicrosoftWinFormsProjectTemplates60PackageVersion>
     <MicrosoftWPFProjectTemplates60PackageVersion>6.0.7-servicing.22322.2</MicrosoftWPFProjectTemplates60PackageVersion>
-    <MicrosoftWinFormsProjectTemplates70PackageVersion>7.0.0-rc.1.22362.6</MicrosoftWinFormsProjectTemplates70PackageVersion>
-    <MicrosoftWPFProjectTemplates70PackageVersion>7.0.0-preview.7.22377.1</MicrosoftWPFProjectTemplates70PackageVersion>
+    <MicrosoftWinFormsProjectTemplates70PackageVersion>7.0.0-rc.1.22426.4</MicrosoftWinFormsProjectTemplates70PackageVersion>
+    <MicrosoftWPFProjectTemplates70PackageVersion>7.0.0-rc.1.22427.1</MicrosoftWPFProjectTemplates70PackageVersion>
   </PropertyGroup>
   <PropertyGroup>
     <HostFxrVersion>$(MicrosoftNETCoreAppRuntimePackageVersion)</HostFxrVersion>
@@ -137,12 +137,12 @@
     <MicrosoftDotNetCommonProjectTemplates80PackageVersion>$(MicrosoftDotNetCommonItemTemplatesPackageVersion)</MicrosoftDotNetCommonProjectTemplates80PackageVersion>
     <AspNetCorePackageVersionFor80Templates>$(MicrosoftAspNetCoreAppRuntimePackageVersion)</AspNetCorePackageVersionFor80Templates>
     <!-- 7.0 Template versions -->
-    <MicrosoftDotnetWinFormsProjectTemplates70PackageVersion>7.0.0-preview.7.22376.2</MicrosoftDotnetWinFormsProjectTemplates70PackageVersion>
-    <MicrosoftDotNetWpfProjectTemplates70PackageVersion>7.0.0-preview.7.22377.1</MicrosoftDotNetWpfProjectTemplates70PackageVersion>
+    <MicrosoftDotnetWinFormsProjectTemplates70PackageVersion>7.0.0-rc.1.22426.4</MicrosoftDotnetWinFormsProjectTemplates70PackageVersion>
+    <MicrosoftDotNetWpfProjectTemplates70PackageVersion>7.0.0-rc.1.22427.1</MicrosoftDotNetWpfProjectTemplates70PackageVersion>
     <NUnit3Templates70PackageVersion>$(NUnit3DotNetNewTemplatePackageVersion)</NUnit3Templates70PackageVersion>
-    <MicrosoftDotNetCommonItemTemplates70PackageVersion>7.0.100-rc.1.22431.7</MicrosoftDotNetCommonItemTemplates70PackageVersion>
-    <MicrosoftDotNetCommonProjectTemplates70PackageVersion>7.0.100-rc.1.22431.7</MicrosoftDotNetCommonProjectTemplates70PackageVersion>
-    <AspNetCorePackageVersionFor70Templates>7.0.0-rc.1.22423.7</AspNetCorePackageVersionFor70Templates>
+    <MicrosoftDotNetCommonItemTemplates70PackageVersion>7.0.100-rc.1.22429.2</MicrosoftDotNetCommonItemTemplates70PackageVersion>
+    <MicrosoftDotNetCommonProjectTemplates70PackageVersion>7.0.100-rc.1.22429.2</MicrosoftDotNetCommonProjectTemplates70PackageVersion>
+    <AspNetCorePackageVersionFor70Templates>7.0.0-rc.1.22427.2</AspNetCorePackageVersionFor70Templates>
     <!-- 6.0 Template versions -->
     <MicrosoftDotnetWinFormsProjectTemplates60PackageVersion>$(MicrosoftWinFormsProjectTemplates60PackageVersion)</MicrosoftDotnetWinFormsProjectTemplates60PackageVersion>
     <MicrosoftDotNetWpfProjectTemplates60PackageVersion>$(MicrosoftWPFProjectTemplates60PackageVersion)</MicrosoftDotNetWpfProjectTemplates60PackageVersion>
diff --git a/global.json b/global.json
index b8d50d0d1..b867c4d21 100644
--- a/global.json
+++ b/global.json
@@ -3,7 +3,7 @@
     "dotnet": "8.0.100-alpha.1.22423.9",
     "runtimes": {
       "dotnet": [
-        "7.0.0-preview.7.22375.6"
+        "7.0.100-rc.1.22431.12"
       ]
     }
   },
diff --git a/src/redist/targets/GenerateBundledVersions.targets b/src/redist/targets/GenerateBundledVersions.targets
index 6eea3744a..0b8082f63 100644
--- a/src/redist/targets/GenerateBundledVersions.targets
+++ b/src/redist/targets/GenerateBundledVersions.targets
@@ -77,12 +77,12 @@
       <_NETCorePlatformsPackageVersion>$(MicrosoftNETCorePlatformsPackageVersion)</_NETCorePlatformsPackageVersion>
 
       <!-- TODO: Once .NET 7.0 has released, update these version numbers to 7.0.0 -->
-      <_NET70RuntimePackVersion>7.0.0-rc.1.22423.16</_NET70RuntimePackVersion>
-      <_NET70TargetingPackVersion>7.0.0-rc.1.22423.16</_NET70TargetingPackVersion>
-      <_WindowsDesktop70RuntimePackVersion>7.0.0-rc.1.22423.6</_WindowsDesktop70RuntimePackVersion>
-      <_WindowsDesktop70TargetingPackVersion>7.0.0-rc.1.22423.6</_WindowsDesktop70TargetingPackVersion>
-      <_AspNet70RuntimePackVersion>7.0.0-rc.1.22423.7</_AspNet70RuntimePackVersion>
-      <_AspNet70TargetingPackVersion>7.0.0-rc.1.22423.7</_AspNet70TargetingPackVersion>
+      <_NET70RuntimePackVersion>7.0.0-rc.1.22426.10</_NET70RuntimePackVersion>
+      <_NET70TargetingPackVersion>7.0.0-rc.1.22426.10</_NET70TargetingPackVersion>
+      <_WindowsDesktop70RuntimePackVersion>7.0.0-rc.1.22427.1</_WindowsDesktop70RuntimePackVersion>
+      <_WindowsDesktop70TargetingPackVersion>7.0.0-rc.1.22427.1</_WindowsDesktop70TargetingPackVersion>
+      <_AspNet70RuntimePackVersion>7.0.0-rc.1.22427.2</_AspNet70RuntimePackVersion>
+      <_AspNet70TargetingPackVersion>7.0.0-rc.1.22427.2</_AspNet70TargetingPackVersion>
 
       <_NET60RuntimePackVersion>6.0.$(VersionFeature60)</_NET60RuntimePackVersion>
       <_NET60TargetingPackVersion>6.0.$(VersionFeature60)</_NET60TargetingPackVersion>
diff --git a/test/SdkTests/SdkTests.csproj b/test/SdkTests/SdkTests.csproj
index dcc98dcfa..40cb6f5e4 100644
--- a/test/SdkTests/SdkTests.csproj
+++ b/test/SdkTests/SdkTests.csproj
@@ -63,7 +63,7 @@
       <RuntimeVersionToInstall Include="3.1.0" />
       <RuntimeVersionToInstall Include="5.0.0" />
       <RuntimeVersionToInstall Include="6.0.0" />
-      <RuntimeVersionToInstall Include="7.0.0-rc.1.22423.16" />
+      <RuntimeVersionToInstall Include="7.0.0-rc.1.22426.10" />
     </ItemGroup>
     
   </Target>