Weekly RP Data Australian house price update

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By Leith van Onselen

In the week ended 4 February 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets, rose by 0.04% – the fifth consecutive week of rises (see next chart).

ScreenHunter_11385 Feb. 04 16.42

Values rose in three major markets and fell in two (see next chart).

ScreenHunter_11376 Feb. 04 16.30
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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.