CoreLogic weekly Australian house price update: Bounce

Friday 19 July 2019

In the week ended 18 July 2019, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, rose by 0.08%:

Values rose across Sydney and Melbourne but fell across the other major markets:

The quarterly decline is running at 0.75%, with all major markets suffering losses:

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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.