Melbourne, Sydney for sale listings surging

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By Leith van Onselen

From SQM Research comes stock on market figures for the month of September, which reported a 1.0% rise in total for sale listings over the month and a 2.2% increase over the year:

Over the year, for sale listings rose across all markets except Hobart (-15.0%) and Darwin (-2.6%), and skyrocketed in Sydney (+18.7%), Melbourne (+13.8%) and Canberra (+12.6%).

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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.