Weekly RP Data Australian house price update (members)

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ScreenHunter_07 Mar. 20 20.55

By Leith van Onselen

In the week ended 14 August 2014, the RP Data-Rismark 5-city daily dwelling price index, which covers the five major capital city markets, rose by 0.57% (see next chart).

ScreenHunter_3766 Aug. 14 15.29

Growth in this week’s home values was broad-based, but strongest in Sydney, Melbourne and Adelaide (see next chart).

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ScreenHunter_3767 Aug. 14 15.41

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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.