Shrinkflation hits for sale listings
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From SQM Research comes stock on market figures for the month of April, which reported a large 8.3% decline in listings over the month and an 11.9% fall over the year:

Listings fell across all jurisdictions in April, Melbourne (-15.2%) and Sydney (-12.7%) recording particularly large declines.
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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.
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