Aussie rental growth finally slows

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CoreLogic has released its official March house price results, which shows that dwelling values nationally rose 0.7% over the month, with the regions (1.7%) growing much faster than the capitals (0.3%), with both Sydney (-0.2%) and Melbourne (-0.1%) both recording falls:

Change in Australian dwelling values

Growth across the major capitals is two-speed:

Dwelling value growth across the major capitals

The growth divergence between the capital cities has widened:

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Dwelling value growth - capitals versus regions

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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.
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