CoreLogic weekly house price update: 14th straight rise

In the week ended 21 January 2021, the CoreLogic 5-city daily dwelling price index, which covers the five major capital city markets, rose another 0.15%:

It was the 14th straight weekly rise.

All major markets recorded value rises:

So far in January, dwelling values have risen by 0.26%, with the three smaller capitals recording strong growth:

Quarterly values also continue to rise, again driven by the three smaller markets:

However, annual price growth is soft because of exceptionally strong growth this time last year alongside value falls recorded across Melbourne:

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