CoreLogic weekly Australian house price update

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In the week ended 14 July 2016, the Core Logic-RP Data 5-city daily dwelling price index, which covers the five major capital city markets rose by 0.06%:

ScreenHunter_14041 Jul. 14 15.00

Values rose in three capitals and fell in two:

ScreenHunter_14034 Jul. 14 14.56

Since the beginning of the month, home values have risen by 0.20%, again with three capitals rising in value and two falling (see next chart).

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ScreenHunter_14039 Jul. 14 14.58

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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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