Weekly RP Data Australian house price update (members)

Thursday 10 July 2014

In the week ended 10 July 2014, the RP Data-Rismark 5-city daily dwelling price index, which covers the five major capital city markets, rose by 0.95%. It was the fourth consecutive week of rises and the biggest weekly gain since the daily index began in January 2012 (see next chart).

The growth nationally was driven by strong rises in Sydney and Melbourne and Brisbane, which more than offset falls in Perth and Adelaide (see next chart).

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.