Pre-listing activity is up while listings and mortgaging are down: CoreLogic

Pre-listing activity was up in early August, according to CoreLogic's Early Market Indicators report.

The report found in contrast that listings and mortgage activity was down.

Pre-listing activity is down 12.71% when compared YTD year on year.

Newly advertised properties for sale have seen numbers drop this week down 1%. Their month on month changes saw a similar drop.

Newly advertised properties for rent have seen a much larger drop of 5%, however their month on month changes were not impacted as harshly.

Mortgage activity is up year on year however did fall slightly this week down 0.24%

There has been a notable increase in loans of every category barring MIP which fell significantly.