SQM Melbourne for sale listings skyrocket

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By Leith van Onselen

SQM Research has released its stock on market report for February, which posted a 4.6% seasonal rise in listings over the month and a large 7.9% increase in listings over the year:

Over the year, for sale listings rose across all markets except Darwin (-1.6%), and skyrocketed in Melbourne (+30.8%), Canberra (+21.4%) and Sydney (+14.4%).

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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.