Weekly RP Data Australian house price update

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By Leith van Onselen

In the week ended 3 December 2015, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets, rose by 0.06% marking the first weekly rise in seven weeks (see next chart).

ScreenHunter_10733 Dec. 03 14.31

Values fell in Sydney and Melbourne but rose elsewhere (see next chart).

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ScreenHunter_10729 Dec. 03 14.24

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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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