CoreLogic weekly house price update: Soaring Sydney

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In the week ended 13 May, the CoreLogic daily dwelling values index surged another 0.69% – the strongest growth since the week ended 18 March:

CoreLogic daily index

A big lift in weekly dwelling values.

Sydney’s dwelling values rocketed by 0.93%, whereas the other major capitals recorded slower (albeit still very strong) price growth:

CoreLogic weekly values

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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.