Property leading indicators finally ease…slightly

CoreLogic produces a handy set of leading indicators for property markets. The first is for mortgages that have been seriously overheating. Normally we see an Autumn peak but this year it has come later and higher. Be aware that the index is only for owner-occupiers but they have driven the price boom to date anyway:

CoreLogic leading mortgage index does not include investors

CoreLogic leading mortgage index does not include investors

 

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