View Model IEnumerable property is coming back null (not binding) from post method?

You are not using your lambda expression properly. You need to be accessing the Products list through the model. Try doing it like this:

@count = 0
foreach (var item in Model.Products)
    { 
     <div>
    @Html.LabelFor(model => model.Products[count].ID)
    @Html.EditorFor(model => model.Products[count].ID)
</div>
<div>
    @Html.LabelFor(model => model.Products[count].Name)
    @Html.EditorFor(model => model.Products[count].Name)
</div>
<div>
    @Html.LabelFor(model => model.Products[count].Price)
    @Html.EditorFor(model => model.Products[count].Price)
</div>
@count++
    }

Edit

Controller:

BoringStoreContext db = new BoringStoreContext();

    public ActionResult Index()
    {
        ProductIndexViewModel viewModel = new ProductIndexViewModel
        {
            NewProduct = new Product(),
            Products = db.Products
        };
        return View(viewModel);
    }

    [HttpPost]
    public ActionResult Index(ProductIndexViewModel viewModel)
    {
        // work with view model

        return View();
    }

Model

public class Product
{
    public int ID { get; set; }
    public string Name { get; set; }
    public decimal Price { get; set; }
}

public class ProductIndexViewModel
{
    public Product NewProduct { get; set; }
    public List<Product> Products { get; set; }
}

public class BoringStoreContext
{
    public BoringStoreContext()
    {
        Products = new List<Product>();
        Products.Add(new Product() { ID = 1, Name = "Sure", Price = (decimal)(1.10) });
        Products.Add(new Product() { ID = 2, Name = "Sure2", Price = (decimal)(2.10) });
    }
    public List<Product> Products { get; set; }
}

View:

@model Models.ProductIndexViewModel


@using (@Html.BeginForm())
{
<div>
    @Html.LabelFor(model => model.NewProduct.Name)
    @Html.EditorFor(model => model.NewProduct.Name)
</div>
<div>
    @Html.LabelFor(model => model.NewProduct.Price)
    @Html.EditorFor(model => model.NewProduct.Price)
</div>


for (int count = 0; count < Model.Products.Count; count++ )
{ 
    <div>
    @Html.LabelFor(model => model.Products[count].ID)
    @Html.EditorFor(model => model.Products[count].ID)
    </div>
    <div>
    @Html.LabelFor(model => model.Products[count].Name)
    @Html.EditorFor(model => model.Products[count].Name)
    </div>
    <div>
    @Html.LabelFor(model => model.Products[count].Price)
    @Html.EditorFor(model => model.Products[count].Price)
    </div>
}

<div>
    <input type="submit" value="Add Product" />
</div>
}