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SQM Research has released its Stock on Market figures for November, which revealed a big 6.3% jump in for sale listings over the month, although listings were still 6.3% lower than the same month last year:
As you can see, the rise in listings in November was broad-based, with everywhere rising except for Darwin. Likewise, listings are down everywhere from last years except in Canberra.
According to SQM:
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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.