Property listings collapse from coast-to-coast

The PropTrack Listings Report for September has been released, which assesses listings on realestate.com.au.

The latest report reveals that property listings continue to fall across both capital cities and regional areas:

Australian property listings

Right across Australia property listings have collapsed, down 23.9% nationally year-on-year. The only notable exception is Melbourne, which was in hard lockdown this time last year and experienced a small rise:

Australian property listings

The below charts show the decline in listings across the states.

NSW:

NSW listings

Victoria:

Victorian listings

 

Queensland:

Queensland listings

Western Australia:

Western Australian listings

South Australia:

South Australian listings

Tasmania:

Tasmanian listings

Northern Territory:

Northern Territory listings

The lack of listings should keep heat in the market and continue to drive property values higher into 2022.

Unconventional Economist

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