Melbourne and Sydney for sale listings surge
Advertisement
SQM Research has released its Stock on Market report for February, which revealed that property listings rose by 0.2% over the month but were still down 13.8% year-on-year:

However, as shown above, listings in Sydney and Melbourne bounced, jumping by 9.9% and 10.0% respectively in February.
According to SQM Managing Director, Louis Christopher:
Advertisement
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