Perth dwelling prices rise 0.76% in one day!

Thursday, 13 December 2012

I am not sure what’s going on in the Perth housing market at the moment, but today’s RP Data-Rismark home values index for Perth has recorded a whopping o.76% increase in one day! (see below table).

Looks like the housing market is becoming as volatile as the share market.

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.