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SQM Research has released its stock on market report for August, which posted a 2.9% rise in listings over the month but a 2.1% decrease in listings over the year:
Listings rose across all markets over August, reflecting in part seasonality, whereas over the year the decline in for sale listings was driven overwhelmingly by Sydney (-15.3%).
The below tables show the breakdown in listings by days on market:
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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.