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According to CoreLogic, property listings are experiencing a spring bounce with both new listings and total listings rising:
However, total listings were still 11.0% lower year-on-year across the capital cities, despite the rebound:
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At the same time as listings are rising, mortgage demand is easing, according to CoreLogic’s leading index:
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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.