RP Data daily index loses two days of data

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By Leith van Onselen

It seems the RP Data-Rismark’s capital city home values indices is no longer a daily index! The index did not update for three straight days (18, 19 and 20 November) and was finally updated today (see above). However, the back data is curiously missing data for 18 and 19 November (see below extract).

I am not sure what’s going on here. But needless to say, their plans to launch an ASX-traded property security on the back of this indices could run into difficultly should such problems persist.

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Twitter: Leith van Onselen. Leith is the Chief Economist of Macro Investor, Australia’s independent investment newsletter covering trades, stocks, property and yield. Click for a free 21 day trial.

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.