Melbourne for sale listings skyrocket

Tuesday 7 May 2019

SQM Research has released its stock on market report for April, which posted a 6.3% fall in listings over the month (caused by the Easter and Anzac Day holidays, which meant April only 3 weekends of trade), but a 2.2% increase in listings over the year:

Over the year, for sale listings rose across all markets except Darwin (-6.2%) and Perth (-1.4%), and skyrocketed in Melbourne (+18.2%) and Canberra (+15.3%).

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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.