Average views per listing on Realestate.com.au hit a record high in September, according to the latest PropTrack Housing Market Indicators Report:
With limited stock on the market, views per listing hit record highs.
The ongoing shortage of stock available for sale coupled with elevated search volumes on realestate.com.au resulted in record high interest from buyers in September. This indicates a continuing disconnect between the supply of stock for sale and buyer demand, which could put further upward pressure on prices.
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After reaching a record in March this year, demand based on average views per listing on realestate.com.au increased by a further 9.3% in September, hitting another new high. Views per listing are now up 59.2% year-on-year.
Views per listing increased over the month in all states and territories except for Western Australia (-0.8%%) and NT (-0.4%). Locked-down New South Wales (+16.8%) and Victoria (+9.0%) saw particularly large monthly increases.
Views per listing are not only the highest on record nationally with historic highs also recorded in New South Wales, Queensland, South Australia and ACT in September.
The surge in demand is also reflected in auction clearances, which were the highest on record last weekend:
Still a crazy market.
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