CoreLogic house prices and leading mortgage index weaken

David Llewellyn-Smith

Monday 28 August 2017

Leith will return next week so today we’ll have to rely on CoreLogic charts for house prices and sundry indexes:

Last week was down. The trend is still up. The leading mortgage index continues to bleed materially lower year on year:

However, listing have also rolled sharply:

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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.