CoreLogic weekly house price update: Another big rise

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In the week ended 22 April 2021, CoreLogic’s daily dwelling values index, which measures price changes across the five major capital city markets, rose another 0.47%:

CoreLogic weekly index

It was another strong week for Australian dwelling values.

Sydney led the way yet again, recording a massive 0.66% increase in values. This was followed by Adelaide (0.50%), Brisbane (0.46%), Melbourne (0.33%) and Perth (0.08%).

CoreLogic weekly value movements

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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.