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SQM Research has released its stock on market report for July, which posted another 2.8% fall in listings over the month but a 0.7% increase in listings over the year:
Listings fell across all markets over July, whereas over the year for sale listings rose everywhere except Sydney (-10.5%), Perth (-2.6%) and Darwin (-4.8%).
Meanwhile, SQM Research’s asking price index shows that asking prices were a mixed bag in July and mostly negative over the year:
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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.