CoreLogic weekly house price update: More boom

Thursday 12 December 2019

In the week ended 12 December 2019, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, surged another 0.32%:

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

So far in December, dwelling values have risen by 0.54%, 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.