In the week ended 23 December, the CoreLogic daily dwelling values index rose 0.27%:
All major markets recorded rises:
Quarterly growth across the five major markets has moderated to 2.99%, with massive variation across the capitals:
Annual growth remains strong at 21.1%, with Brisbane, Adelaide and Sydney recording above average growth and Melbourne and Perth lagging:
Australia’s housing market has become tw0-speed, with Brisbane and Adelaide booming and the other major capitals slowing:
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also Chief Economist and co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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