CoreLogic leading indices signal more housing falls


CoreLogic’s leading indices are out and they continue point to further house price weakness.

After barely retracing over the Christmas break, listings are ready to rocket into the Autumn not-selling season:

As shown above, stock levels are at levels not seen since February 2012, and could see record potential stock levels this year.


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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.