SQM Research has released its Stock on Market results for May, which recorded a lift in listings “driven by older stock not selling”:
Figures released today by SQM Research reveal national residential property listings increased in May by 3.9% from 292,775 listings in April 2020 to 304,137. Compared to 12 months ago, listings were down by 12.0%.
All capital cities experienced increases in property listings over the month except for Canberra which posted a marginal 0.8% decrease…
