RP Data leading mortgage index Summer spike MIA

Monday 23 November 2015

The RP Data leading mortgage index for last week is out and has sagged again:

By this time we should be seeing the steep ramp up into the Summer spike but no such luck. It’s too early too declare it dead on arrival but it’s not shaping up to be terribly animated. Full report.

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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.