Weekly RP Data Australian house price update

Thursday 6 November 2014

In the week ended 6 November 2014, the RP Data-Rismark 5-city daily dwelling price index, which covers the five major capital city markets, rose 0.15%. It was the seventh consecutive weekly increase (see next chart).

Home prices rose in Sydney and Brisbane, but fell in Melbourne, Adelaide, and 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.