Last hurrah as property values rise 0.7% in March

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CoreLogic’s dwelling price results have for March were released over the weekend, which revealed another 0.7% increase in values over the month at the 5-city level, driven by strong growth in Sydney (1.1%):

It was the ninth consecutive monthly acceleration in home values at the 5-city level:

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Over the March quarter, dwelling values rose by 2.9% across the major capitals:

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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.