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CoreLogic’s leading indices are out and they continue point to further house price weakness.
After barely retracing over the Christmas break, listings are lifting into the Autumn not-selling season:
As shown above, listings across the combined capitals are 9.1% higher from a year earlier, with Sydney’s and Melbourne’s listings up 10.4% and 19.1% respectively.
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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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