CoreLogic leading mortgage index still weak

David Llewellyn-Smith

Monday, 29 January 2018

Via CoreLogic:

The leading index bottomed out just above 2015 lows, still down sharply on 2016.

Meanwhile, auction clearance began with a bang but it’s too early to read much into that:

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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.