From CoreLogic:
The leading mortgage index is markedly below 2014 levels and listings rebounding above last year is not yet back 2015.
It’s like waiting for Godot, I know, but this data still hints at softening house price growth. Full report.
Core Logic leading indexes still hint at house price softening
David Llewellyn-Smith
Monday, 17 July 2017
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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.
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