CoreLogic weekly house price update: Still sinking

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In the week ended 9 July 2020, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, fell another 0.13%:

It was the ninth consecutive weekly decline.

The falls were concentrated across the three 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.