In the week ended 12 May 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets surged by 1.22%:
Values rose in three major capitals but fell in two:
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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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