Advertisement
SQM Research’s Louis Christopher was interviewed by the Daily Telegraph, where he noted that Sydney’s for sale listings have surged to decade highs and are likely to climb higher over the spring selling period, further dragging down values:
New data published today showed the number of homes for sale across the city surged 11 per cent last month to hit 35,704 — the highest volume recorded over a February since 2009.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.
Advertisement