A little mortgage life?

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Not getting worse any more at least, according to CoreLogic’s leading mortgage index:

Listings still rising year on year as sales volumes are so low:

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The great Hayne RC drop appears to have eased now and we’re back into a grind lower for prices. Full report.

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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.