Property buyer demand hits all-time high as listings collapse

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:

Buyer demand

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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