RP Data weekly Australian house price update

Friday, 27 May 2016

In the week ended 26 May 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets fell by 0.07%:

Values rose rose in three capitals and fell in two:

So far in May, home values have surged by 1.61%, driven by Sydney and Melbourne:

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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.