Property listings rebounded in July

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SQM Research has released its stock on market report for July, which recorded a 1.1% rise in for sale listings nationally, with all markets except Sydney and Melbourne recording increases:

Total property listings

Total property listings rose in July

However, over the year listings were down a whopping 23.6%, exposing a very tight market.

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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.