RP Data: Home prices up 1.3% in January

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By Leith van Onselen

RP Data’s price results are in for January, with the daily index recording a 1.28% Rise over the month at the 5-city level, with Melbourne and Sydney leading the way (see next chart).

ScreenHunter_5842 Feb. 01 17.58

It was the second monthly rise in values since the unexpected fall in November, with values up by 1.92% over the quarter (see next chart).

ScreenHunter_5843 Feb. 01 18.00
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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.