CoreLogic weekly house price update: Sydney/Melbourne booming

Friday 25 October 2019

In the week ended 24 October 2019, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, surged another 0.20%:

The rise in values was driven by Melbourne:

Quarterly dwelling values continue to rise strongly, driven by Sydney and Melbourne, where prices are rocketing:

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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.