RP Data weekly Australian house price update

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By Leith van Onselen

In the week ended 24 March 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets, fell by 0.50% (see next chart).

ScreenHunter_12264 Mar. 24 10.37

Values fell in all major capitals except Perth (see next chart).

ScreenHunter_12258 Mar. 24 10.33
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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.