CoreLogic fugly: Mortgages sag, listings rocket, auction fails widen

David Llewellyn-Smith

Tuesday 13 November 2018

CoreLogic’s weekly housing indicators are fugly today. Mortgage credit is fading when it should be surging:

Listings are ripping towards 2012 highs:

And auction failure is now near universal having spread from suburbs to inner city and out to neighbouring centres:

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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.