Faint pulse detected in property vitals

Monday 11 December 2017

CoreLogic’s weekly property vitals are out. The leading mortgage index is showing a faint pulse:

Still down sharply year over year.

Auctions by district are sinking in the same pattern we’ve seen for months. Sydney from the outside in and Melbourne from the inside out:

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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.