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Rates fail to dent Melbourne house prices

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July 17, 2017

House prices have risen in Sydney, Melbourne, Brisbane and Adelaide while Perth's have fallen.

Sydney, Melbourne, Brisbane and Adelaide house prices all rose in the past week while Perth's housing market was flat.

Adelaide and Brisbane were the only cities to see a slight increase in auction volumes in the week to July 16, while Melbourne was the most active market with the highest number of auctions scheduled, according to property statistics firm CoreLogic.

Home values rose 1.4 per cent in Melbourne for a third straight week, 0.7 per cent in Sydney, and 0.2 per cent in Brisbane and Adelaide, while Perth's prices were steady.

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