RP Data weekly Australian house price index

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In the week ended 9 June 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets fell by 0.35%:

ScreenHunter_13448 Jun. 09 16.11

Values fell in all major capitals except Adelaide:

ScreenHunter_13446 Jun. 09 16.08

Since the beginning of the month, values have fallen by 0.42%, with all capitals except Adelaide declining:

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ScreenHunter_13442 Jun. 09 16.05

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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.