RP Data weekly Australian house price update

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By Leith van Onselen

In the week ended 4 December 2014, the RP Data-Rismark 5-city daily dwelling price index, which covers the five major capital city markets, was essentially flat (+0.01%). It follows two consecutive weekly declines (see next chart).

ScreenHunter_5309 Dec. 05 06.51

Home prices rose in three major capitals and fell in two (see next chart).

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ScreenHunter_5310 Dec. 05 06.52

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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.
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