A slow slowdown
NAB Morning Call
00:00
The RBA's Survey of the US Housing Market
Monifil: A few moving parts in the net survey yesterday, as well as conditions holding steady there at above average levels. But we did see a fall in retail conditions, but that was offset by improving construction conditions. Yeah, those measures are coming off, but certainly in an outright sense, yet still, still pointed in a direction that's far too high to be of comfort to the RBA.
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