CoreLogic weekly house price update: Frothing

Friday 20 December 2019

In the week ended 19 December 2019, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, surged another 0.38%:

The rise in values was fairly broad-based, but again driven by Sydney and Melbourne:

So far in December, dwelling values have risen by 0.92%, again driven by Sydney and Melbourne:

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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.