New REA index points to rising housing purchases

Friday 5 June 2020

I can’t vouch for it. It’s a black box. But Cameron Kusher is a good analyst:

What is this index about?

The REA Insights Weekly Demand Index is a weekly index that looks at the volume of high-intent buyer activity on the realestate.com.au website and app and tracks that activity over time.

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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.