Weekly RP Data Australian house price update

Thursday 30 October 2014

In the week ended 30 October 2014, the RP Data-Rismark 5-city daily dwelling price index, which covers the five major capital city markets, was essentially flat (+0.02%). The result follows five consecutive weekly increases (see next chart).

Home prices rose in Sydney and Brisbane, were essentially flat in Melbourne and Adelaide, and tanked in Perth (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.