RP Data leading mortgage index falls sharply

Monday, 4 April 2016

From RP Data today:

A typical seasonal roll over but a very sharp one for all of that and already of deeper amplitude than last year.

Sydney auction clearances continue their pattern of a rerun of the 2003 mortgage belt price bust with anything remotely Chinese-exposed still looking over-heated.:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.