Unsold property listings head for moon

David Llewellyn-Smith

Tuesday, 23 October 2018

Core Logic weekly indices are always good fun. The leading mortgage index is still soft though not dire:

The leading listings index is rapidly taking a moonshot. We’ll be approaching 2012 levels before Xmas:

Auction clearances in Sydney and Melbourne are more uniformly weak now:

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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.