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In the week ended 10 September 2020, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, fell another 0.06%:
It was the 18th consecutive weekly decline.
The fall was again driven by Melbourne, whereas Brisbane and Adelaide recorded strong rises:
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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.