CoreLogic weekly Australian house price update: flatlining

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In the week ended 27 June 2019, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, fell by 0.02%:

Values rose across Sydney and Melbourne but fell across the others:

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So far in June, dwelling values have fallen by 0.18%, with all major markets but Melbourne falling:

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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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