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SQM Research has released its Stock on Market Report for April, which shows that total property listings rose by 2.4% over the month but were down 10.3% year-on-year:
Total stock on market lifted in April, but was still down heavily year-on-year.
The monthly rise in listings was broad-based, with all markets other than Hobart recording increases.
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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.