Rebound

Post-election bounce

There's a stack of absorbing information due out tomorrow on building and construction activity.

And we'll get a broad-ranging data dump to analyse where housing starts are still happening, how many apartments are still under construction, where they're located, and much more. 

Today, on the other hand, there's no interesting news.

Unless, that is, you count the first homebuyer deposit scheme being set to pass through the Senate, which is mildly noteworthy. 

Instead for today, just a solitary chart of housing prices post-election, according to CoreLogic's daily index. 

The 5 capital city aggregate is up by 2½ per cent, driven by a 4¼ per cent increase in Sydney.

The apparent recovery has been mixed, though, with Melbourne also reportedly up strongly, but Adelaide flat, and Perth still sliding.

Much more interesting news tomorrow!

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Edit: OK, well I forgot the NAB survey was out today.

But it wasn't when I wrote the blog post, hey.

The ANZ job ads figures, meanwhile, were down for the quarter, and -10.4 per cent from a year earlier.