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In the week ended 19 March 2020, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, rose another 0.21%:
The rise in values was broad-based, with every major capital increasing in value:
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Quarterly dwelling values continue to rise strongly, driven by Sydney and Melbourne, where prices are still rocketing:
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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.