Housing prices continue to rise, with mainland state capital prices ticking up another 0.4 per cent on average in a week.
Annual growth came in at 11.3 per cent in the week ending on Sunday, according to the data released by housing market analytical firm CoreLogic RP Data.
Sydney is winning the annual price-rise race, with an increase of 17.7 per cent, while Melbourne is a distant second at 12.3 per cent.
Brisbane and Adelaide follow, with both markets rising between three and four per cent, while Perth's prices were marginally lower than a year ago.
The weekly auction clearance rate was 76.3 per cent on average measured across all the state capitals and Canberra, compared with 68.4 per cent in the corresponding week of 2014.
The increased clearance rate was despite a higher number of auctions held last week, 2,103, compared with 1,569 auctions at the same time a year earlier.
CAPITAL CITY HOME VALUE CHANGES, WEEK ENDING SUNDAY, AUGUST 16
Sydney: Weekly +0.5pct, Annual +17.7pct
Melbourne: Weekly +0.1pct, Annual +12.3pct
Brisbane: Weekly +0.4pct, Annual +3.9pct
Adelaide: Weekly +0.8pct, Annual +3.3pct
Perth: Weekly unchanged, Annual -0.3pct
Combined 5 capitals: Weekly +0.4pct, Annual +11.3pct
Source: CoreLogic RP Data
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