CoreLogic weekly house price update: in the red

Thursday 24 February 2022

In the week ended 17 February, the CoreLogic daily dwelling values index fell 0.01% – the first weekly decline since October 2020:

Sydney, Melbourne and Perth recorded falls, whereas Brisbane and Adelaide posted strong rises:

So far in February, dwelling values have risen by 0.23% driven by Brisbane and Adelaide, with Perth, with Sydney and Melbourne falling:

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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.