RP Data weekly Australian house price update

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By Leith van Onselen

In the week ended 16 July 2015, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets, jumped another 0.68% – the fourth consecutive week of strong rises (see next chart).

ScreenHunter_8377 Jul. 16 13.38

Values rose across all major capitals except Adelaide (see next chart).

ScreenHunter_8370 Jul. 16 13.33
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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.