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Aussie homes are selling at record speed as a spring surge in properties hitting the market gives buyers more options, according to the latest PropTrack Listings Report.
New listings of properties for sale on realestate.com.au reached a record level across Australia’s capital cities in October and hit a three-year high nationally.
Nationally, it was the busiest month for new listings since October 2018, with new listings up 16.3% month-on-month.
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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.
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