CoreLogic leading housing indices remain weak

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Via CoreLogic comes the leading mortgage index which remains down solidly year on year:

Whereas total capital city for-sale listings are still up year-on-year, driven by a big lift in Sydney:

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Home values also continue to fall at a moderate pace:

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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.