RP Data: Home prices up 0.3% in February

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By Leith van Onselen

RP Data’s price results are in for February, with the daily index recording a 0.32% rise over the month at the 5-city level, with Sydney once again leading the way (see next chart).

ScreenHunter_6270 Mar. 01 19.23

It was the third monthly rise in values since the unexpected fall in November, with values also up by 2.50% over the quarter (see next chart).

ScreenHunter_6267 Mar. 01 19.16
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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.