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In the week ended 4 August 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets rose by 0.29%:
Values rose in four capitals and fell in one:
Since the beginning of the year, home values have risen by 6.59%, with all capitals except Perth recording increases (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.