Mortgage demand flame out? CoreLogic leading index tumbles

Via CoreLogic comes the leading listing index which is very weak leaving total listings at very low levels:

Equally, the leading mortgage index is now in something of a free fall. This is not seasonal. The index usual rises into December before it collpases through Christmas:

The index is now down materailly on 2018. I wouldn’t put my house on this index but it’s reasonable guide. Is this the end of pent up demand?

Full report.

David Llewellyn-Smith
Latest posts by David Llewellyn-Smith (see all)

Comments are hidden for Membership Subscribers only.