I noted yesterday how Sydney and Melbourne was being flooded with property listings.
This is illustrated clearly by CoreLogic’s latest for sale listings data:
As well as the record boom in auction listings:
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Flood of property listings slashes vendor prices
Leith van Onselen
Wednesday 22 December 2021
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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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