CoreLogic weekly house price update: Two-speed

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In the week ended 2 December, the CoreLogic daily dwelling values index increased another 0.20%:

All major markets except Perth recorded rising values, again led by Brisbane and Adelaide:

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Quarterly price growth remains strong but slowing at 3.91% across the five major capitals. Brisbane (7.43%) and Adelaide (6.53) lead the way, followed Sydney (4.31%), Melbourne (2.40%) and Perth (0.53%):

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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.