Weekly RP Data Australian house price update (the big stall)

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By Leith van Onselen

In the week ended 26 November 2015, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets, fell by 0.61% – the sixth consecutive weekly fall (see next chart).

ScreenHunter_10582 Nov. 26 13.31

Values fell across all major markets except Brisbane:

ScreenHunter_10575 Nov. 26 13.24

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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.