RP Data weekly Australian house price update

Thursday 2 July 2015

In the week ended 2 July 2015, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets, jumped by 1.32% – the second consecutive week of rises, both of which were the strongest since the daily index was created in early 2012 (see next chart).

Values rose across the three biggest markets, but fell in Adelaide and Perth (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.