CoreLogic weekly Australian house price index

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In the week ended 7 July 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets rose by 0.14%:

ScreenHunter_13920 Jul. 07 16.40

Values rose everywhere:

ScreenHunter_13917 Jul. 07 16.35

Since the beginning of the year, home values have risen by 5.66%, with all capitals except Perth recording increases (see next chart).

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ScreenHunter_13914 Jul. 07 16.33

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.