RP Data leading mortgage index fades

Sunday 20 September 2015

RP Data’s leading mortgage index is showing more signs of struggling:

In rising market this seasonal period is usually characterised by strong growth. Since taking its macroprudential medicine it has more or less flat-lined. Property price growth is about slow sharply.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.