CoreLogic housing indicators suggest supply is about to rocket

Monday 24 September 2018

CoreLogic weekly indicators show lots of interesting stuff this week. The leading mortgage index has rebounded to year on year flat:

I’m not sure what that means but probably not rising housing finance!

Supply is set to break out with unsold listings on the march as Spring delivers more:

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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.