Weekly RP Data Australian house price update

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By Leith van Onselen

In the week ended 14 April 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets, rocketed by 0.98% (see next chart).

ScreenHunter_12618 Apr. 14 11.00

Values rose across all major capitals:

ScreenHunter_12611 Apr. 14 10.55

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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.