CoreLogic leading indicators shows supply surge

Tuesday 2 October 2018

CoreLogic’s weekly indicators have been released, which shows the leading mortgage index has rebounded to be roughly flat year on year:

Supply is rising with unsold listings on the march as the Spring selling season gets underway:

Whereas auction clearance rates in Sydney’s mortgage belt has collapsed:

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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.