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CoreLogic’s daily dwelling values index for the week ended 18 February registered the strongest result in years with values across the five major capitals surging by 0.55%:
All five major markets recorded rises, with Sydney, Melbourne and Perth values soaring:
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So far in February, dwelling values across the five major markets have risen by 1.10%, with Sydney (1.33%), Melbourne (0.99%), Brisbane (0.99%) and Perth (1.11%) all recording turbo-charged growth:
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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.