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CoreLogic’s latest chart pack showed that total for sale listings at the end of September were tracking 27.4% below the five year average:
This came as national sales volumes were tracking 25.5% above the five year average:
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New listings data from PropTrack suggests that listings volumes are experiencing a spring bounce, which should ease some of the supply tightness.
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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.