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In the week ended 6 May, the CoreLogic daily dwelling values index rose another 0.38%, with growth clearly moderating from the break-neck pace of March and early April.
Weekly price growth is trending lower.
Sydney (0.52%) continues to lead price growth, with the other major capital cities also growing by between 0.23% (Perth) and 0.29% (Brisbane) over the week:
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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.