SQM: Stock on market down in April

By Leith van Onselen

SQM Research has released their stock on market data for April, which has registered a small fall in the number of homes for sale nationally, with stock levels largely unchanged from April 2011:

However, there’s great divergence between the capital cities, with stock levels remaining highly elevated in Melbourne, Adelaide, Hobart and Canberra:

Stock levels remaining tight in Perth and Sydney:

And relatively balanced in Brisbane and Darwin:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.