For sale listings are starting to rise

Advertisement

By Leith van Onselen

From SQM Research comes stock on market figures for the month of May, which reported no change in total for sale listings over the month but a 0.4% lift over the year:

Over the year, the increase in listings nationally was driven by Sydney (+29.2%), Melbourne (+10.3%), Canberra (+8.8%), Brisbane (+5.8%), Perth (+4.5%), and Adelaide (+2.9%), whereas listings fell sharply in Hobart (-26.8%).

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.