Weekly RP Data Australian house price update (members)

Thursday 17 July 2014

In the week ended 17 July 2014, the RP Data-Rismark 5-city daily dwelling price index, which covers the five major capital city markets, rose by 0.39%. It was the fifth consecutive week of rises (see next chart).

The growth nationally was driven by a strong rise in Melbourne (see next chart).

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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.