In the week ended 29 April, the CoreLogic daily dwelling values index rose another 0.44%:
Weekly price growth was strong across every major capital city market. Adelaide (0.63%) led the way, followed by Sydney (0.57%), Brisbane (0.44%), Perth (0.36%) and Melbourne (0.27%):
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With only one day to go in April, dwelling values across the five major markets have risen by 1.72%, led by Sydney (2.26%), followed by Adelaide (1.94%), Brisbane (1.75%), Melbourne (1.22%) and Perth (0.82%):
Quarterly growth remains red hot at 6.86% across the five major capitals. Sydney’s growth is running at an insane pace of 8.76%, followed by Brisbane (6.19%), Melbourne (5.77%), Perth (4.53%) and Adelaide (4.35%):
Finally, annual dwelling value growth has accelerated to 6.1% across the five major markets, with all but Melbourne recording solid to strong growth:
Later today, we will receive the final results for April, which I will post alongside a different set of charts.