CoreLogic weekly Australian house price update

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In the week ended 11 August 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets rose by 0.37%:

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Values rose in four capitals and fell in one:

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So far in August, home values have risen by 0.84%, driven by the two major markets:

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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.