RP Data: Home values rebound 0.8% in January

Sunday 31 January 2016

Core Logic-RP Data’s dwelling price results are in for January, with a 0.82% rise in values recorded over the month at the 5-city level, driven by a strong rise in Melbourne and a smaller increase in Sydney, more than offsetting smaller falls in the other major capitals (see next chart).

It was the first substantive rise in home values since September 2015 (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.