RP Data weekly Australian house price update

Friday, 5 June 2015

In the week ended 4 June 2015, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets, fell by 0.44% – the fourth consecutive weekly decline, which typically happens this time of year (see next chart).

Values fell across Sydney and Melbourne, but rose elsewhere (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.