CoreLogic weekly Australian house price update: surging

Thursday 22 August 2019

In the week ended 22 August 2019, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, jumped another 0.22%:

The rise in values was driven by Sydney and Melbourne:

So far in August, dwelling values have risen by 0.54%, driven by Sydney and Melbourne where prices are rising strongly:

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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.