RP Data: Home values jump 2.2% in June

Tuesday 30 June 2015

RP Data’s price results are in for June, with the South Eastern bubbles returning in a big way as the daily index recorded a 2.19% jump in values over the month at the 5-city level, with all major capitals except Perth recording gains (see next chart).

It was a strong recovery in home values after the usual May seasonal decline, with values also up by rose by 2.10% over the quarter, with Sydney’s up by a whopping 3.08% (see next chart).

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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.