A synchronised boom in Aussie property values

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CoreLogic has released its full dwelling value results for May, which recorded booming price growth across every key market:

Australian dwelling values

Strong results all round.

Dwelling values nationally rose 2.2% in May with every single sub-market except regional WA recording rises on a monthly, quarterly and annual basis:

Australian dwelling 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.