Weekly RP Data Australian house price update

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By Leith van Onselen

In the week ended 12 November 2015, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets, fell by 0.15% – the fourth consecutive weekly fall (see next chart).

ScreenHunter_10302 Nov. 12 15.17

Home values fell in Sydney and Melbourne, but rose elsewhere (see next chart).

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ScreenHunter_10295 Nov. 12 15.06

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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.
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