Australian Property

NAB’s residential property index goes BOOM!

Leith van Onselen
Wednesday, 21 April 2021
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NAB has released its residential property survey for Q1, with its Residential Property Index reaching a new survey high of +69 points in the first quarter:

NAB residential property index

NAB’s residential property index has hit an all-time high.

The rebound in NAB’s index is universal, although Victoria is lagging the other states:

NAB residential property index by state

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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.