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CoreLogic over the weekend released its daily dwelling values index for July, which showed that property values across the five major Australian capital city markets surged another 1.6% over the month:
Another strong rise, but softer than the previous five months.
The rise in values was strong across all major capital city markets except Perth, with Sydney and Brisbane again leading the way:
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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.