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:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.