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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:
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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.
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