RP Data: Sydney home values jump 3.1% in May

Tuesday, 31 May 2016

Core Logic-RP Data’s dwelling price results are in for May, with a massive 1.54% rise in values recorded over the month at the 5-city level, driven overwhelmingly by a 3.09% surge in values in Sydney (see next chart).

It was the fifth substantive monthly rise in home values in a row (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.