CoreLogic housing indicators continue to improve

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CoreLogic weekly indicators continue to show improvement. Unsold inventory is falling fast as new listings are very weak:

The leading mortgage index is flat but should be falling for Winter indicating strength:

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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.