RP Data weekly Australian house price index

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In the week ended 16 June 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets rose by 0.21%:

ScreenHunter_13597 Jun. 16 16.01

Values rose in Sydney and Melbourne, but fell elsewhere:

ScreenHunter_13600 Jun. 16 16.02

Since the beginning of the month, values have fallen by 0.21%, driven by the smaller capitals:

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ScreenHunter_13605 Jun. 16 16.04

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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.