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In the week ended 21 May 2020, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, fell by 0.19%:
All major markets except Adelaide registered falls:
Over the first three weeks of March, dwelling values have fallen by 0.17% at the 5-city level, driven by heavy falls in 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.