Note the CoreLogic Mortgage Index published in yesterday’s Property Market Indicator Summary was based on incomplete data. The report has been revised with updated figures for the Mortgage Index on page three.
Must have been one mighty lot of missing data, from bust to boom in a few short hours!
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.