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SQM Research has released its Stock on Market report for February, which recorded a 6.8% rise nationally. However, listings remained 16.8% lower year-on-year:
As shown above, listings have increased most in Sydney, Melbourne and Canberra and remain especially tight in Brisbane and Adelaide.
Nationally, new listings (Less than 30 days) jumped 62.0% over February 2022 to 79,715 properties on the market, to be up 4.3% 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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