CoreLogic weekly house price update: 12th consecutive fall

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In the week ended 30 July 2020, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, fell another 0.21%:

It was the 12th consecutive weekly decline.

The falls were biggest in Melbourne, with Perth and Sydney also posting sharp falls:

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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.