Melbourne/Sydney for sale listings surge

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By Leith van Onselen

From SQM Research comes stock on market figures for the month of August, which reported a seasonal 5.9% jump in total for sale listings over the month and a 4.3% increase over the year

Over the year, for sale listings rose across all markets except Hobart (-18.8%) and Darwin (-4.3%), and skyrocketed in Sydney (+30.4%), Melbourne (+25.3%) and Canberra (+16.8%).

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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.