CoreLogic weekly Australian house price update

Advertisement

In the week ended 8 September 2016, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets rose by 0.42%:

ScreenHunter_14834 Sep. 08 14.47

Values rose in three capitals and fell in two:

ScreenHunter_14829 Sep. 08 14.39

Since the beginning of the year, home values have risen by 7.92%, with all capitals except Perth recording increases (see next chart).

Advertisement
ScreenHunter_14832 Sep. 08 14.41

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.