CoreLogic weekly house price update: More rises

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In the week ended 30 January 2019, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, rose another 0.23%:

The rise in values was broad-based:

So far in January, dwelling values have risen by 0.87%, driven by Melbourne and Sydney:

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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.