RP Data weekly Australian house price update

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By Leith van Onselen

In the week ended 16 October 2014, the RP Data-Rismark 5-city daily dwelling price index, which covers the five major capital city markets, rose by 0.42%. It was the fourth consecutive weekly increase (see next chart).

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Home prices rose across all major capitals (see next chart).

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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.