RP Data: home prices up 1.1% in October

Advertisement
ScreenHunter_15 Mar. 05 15.42

By Leith van Onselen

RP Data’s price results are in for October, with the daily index recording a 1.08% rise over the month at the 5-city level, with values rising in Sydney, Melbourne and Brisbane, but falling in Adelaide and Perth (see next chart).

ScreenHunter_4719 Oct. 31 10.50

It was the fifth consecutive monthly increase in values, with values also up by 2.37% over the quarter (see next chart).

Advertisement
ScreenHunter_4717 Oct. 31 10.34

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.