Sydney and Melbourne property listings surge

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Property listings rose strongly in Sydney and Melbourne in December when compared to December 2019, according to new figures from SQM Research:

Listings in Melbourne were up over 30.5% year-on-year while Sydney listings rose 13.8%.

However, year-on-year listings across the rest of the nation were all down.

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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.