CoreLogic weekly house price update: Boomchakalaka

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The CoreLogic daily dwelling values index continues to rocket soaring another 0.5% in the week ended 4 March 2021.

This continues a strong run whereby dwelling values across the five major capitals have risen by 1.8% over the past three weeks alone:

Australian dwelling values are soaring with CoreLogic’s 5-city index rising 0.6%, 0.7% and 0.5% respectively over the past three weeks.

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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.