Property buyer demand hits all-time high as listings collapse

Thursday, 9 September 2021

The latest REA Insights Housing Market Indicators Report shows that buyer demand, based on the number of views per listing of properties for sale on realestate.com.au, hit an all-time high in August, ahead of a delayed spring selling season in locked-down markets:

Record buyer interest.

This comes at the same time as actual property listings have collapsed to around 30% below average, according to CoreLogic:

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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.