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SQM Research has released its Stock on Market report for January, which shows a chronic lack of for sale inventory across Australia.
Total for sale listings dived 8.0% nationally in January to be down a whopping 24.2% year-on-year, with virtually all markets experiencing declines:
Nationally, new listings (Less than 30 days) fell 27.6% over January to be 1.8% lower over the year:
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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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