RP Data: Home values fall 0.9% in May

Monday 1 June 2015

RP Data’s price results are in for May, with the daily index recording a 0.94% decline over the month at the 5-city level, with all major capitals recording losses (see next chart).

It was the first monthly fall in values in six months, although values rose by 1.24% over the quarter, with Sydney’s up by a whopping 3.29% (see next chart).

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.