Melbourne/Sydney for sale listings post large annual rise

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By Leith van Onselen

From SQM Research comes stock on market figures for the month of July, which reported a seasonal 5.2% fall in total for sale listings over the month and a 0.8% decrease over the year:

Over the year, for sale listings fell in Hobart (-24.9%) and Darwin (-5.8%), but lifted in Sydney (+23.5%), Melbourne (+11.0%), Canberra (+10.2%), Brisbane (+2.2%), and Perth (+1.4%), and were flat in Adelaide.

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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.