CoreLogic weekly Australian house price index

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In the week ended 23 June 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets jumped by 0.72%:

ScreenHunter_13695 Jun. 23 14.29

Values rose everywhere but Adelaide:

ScreenHunter_13689 Jun. 23 14.24

Since the beginning of the month, values have risen by 0.50%, driven exclusively by Melbourne and Sydney:

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ScreenHunter_13694 Jun. 23 14.27

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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.