CoreLogic’s housing indicators still weak

Tuesday 18 September 2018

Via CoreLogic comes the leading mortgage index, which continues to bounce but remains well below 2014 levels in trend terms:

Total listings are the highest since 2012 though well below those levels, led by Sydney and Melbourne:

Whereas prices continue to fall, now down 3.5% year-on-year:

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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.