Gulf between housing finance and CoreLogic index remains

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By Leith van Onselen

With the release of the ABS’ housing finance data for March, it is an opportune time to once again plot CoreLogic’s dwelling price series against the total value of finance commitments (excluding refinancings) as measured by the ABS.

Note: the ABS’ housing finance data is current to March 2017, whereas CoreLogic’s dwelling values are current to April 2017.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.