RP Data weekly Australian house price update

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By Leith van Onselen

In the week ended 19 March 2015, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets, rose by 0.52% – the fourth consecutive weekly rise (see next chart).

ScreenHunter_6639 Mar. 19 14.01

The rise in home values was driven again by Sydney, although all capitals except Perth rose in value (see next chart).

ScreenHunter_6641 Mar. 19 14.25
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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.