Property heads for Winter frenzy

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CoreLogic’s leading property indicators continue to run red hot. There is a little hint that inventory on market is normalising as prices skyrocket:

CoreLogic property inventory

CoreLogic property inventory

However, so far, any rebound in the supply of properties for sale has been easily absorbed by the frenzy of buyers.

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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.