Melbourne/Sydney for sale listings continue to rise

Tuesday 3 July 2018

From SQM Research comes stock on market figures for the month of June, which reported a 1.9% rise in total for sale listings over the month but a 0.7% decrease over the year:

Over the year, the increase in listings nationally was driven by Sydney (+25.0%), Melbourne (+7.7%), Canberra (+11.0%), Brisbane (+2.7%), Perth (+1.7%), and Adelaide (+0.7%), whereas listings fell sharply in Hobart (-25.8%) and fell more moderately in Darwin (-4.7%).

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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.