CoreLogic: Capital city property prices surge 1.9% in June

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CoreLogic has released its daily dwelling values index for 30 June, which shows that property values across the five major Australian capital city markets surged another 1.9% over the month:

CoreLogic monthly

Another strong rise.

The rise in values was strong across all major capital city markets except Perth, with Sydney and Brisbane again leading the way:

CoreLogic June movements

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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.