RP Data weekly Australian house price update

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By Leith van Onselen

In the week ended 12 February 2015, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets, was essentially flat (+0.01%):

ScreenHunter_6035 Feb. 12 13.34

Home prices rose in rose in Sydney and Melbourne, but fell in the other major capitals (see next chart).

ScreenHunter_6037 Feb. 12 13.35
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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.