Syd, Melb lead house price gains

Home prices across Australia are expected to record another strong month of growth, with most of the gains concentrated in Sydney and Melbourne.

CoreLogic RP Data will publish its estimate of home values on Monday.

In the meantime, the property market analytics firm said dwelling prices in Sydney and Melbourne were up 3.2 per cent and 4.8 per cent respectively in the first 30 days of July.

But CoreLogic RP Data head of research Tim Lawless said prices growth outside of Australia's two largest cities is weak.

Adelaide is on track to record a fall in home values, while capital city price growth outside of Sydney and Melbourne is expected to be less than one per cent.