CoreLogic weekly house price update: red hot

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In the week ended 27 May, the CoreLogic daily dwelling values index surged another 0.52%:

CoreLogic daily dwelling values index

Another week of turbo-charged property gains.

Sydney’s led the way again, with dwelling values rising another 0.66%. All other major capitals also rose strongly in value:

CoreLogic weekly value change

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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.