CoreLogic weekly house price update: Plunging

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In the week ended 18 June 2020, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, fell by 0.21%:

It was the sixth consecutive weekly decline.

The falls were driven by Melbourne, Sydney and Perth:

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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.