Vale Residex

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By Leith van Onselen

For close to 15 years, Residex publicly reported its house and unit price growth on a monthly basis using a combination of repeat sales technology, hedonic technology and median/stratified median index technology.

Recently, CoreLogic bought-out Residex, and the usual regular monthly updates have been replaced with sporadic updates that are missing the detail that were previously provided.

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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.