RP Data weekly Australian house price update

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By Leith van Onselen

In the week ended 13 August 2015, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets, rose another 0.54% – the ninth consecutive week of rises (see next chart).

ScreenHunter_8878 Aug. 14 07.31

Values rose across all major markets (see next chart).

ScreenHunter_8875 Aug. 14 07.28

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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.