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In the week ended 28 July 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets rose by 0.41%:
Values rose in three capitals and fell in two:
Since the beginning of the month, home values have risen by 0.73%, with three capitals rising in value and two falling (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.
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