SQM Research has released its stock on market data for April, which recorded a “large fall” in new property listings but also “surge” in older listings:
Figures released today by SQM Research reveal national residential property listings decreased in April by 4.9% from 307,847 listings in March 2020 to 292,775. Compared to 12 months ago, listings were down by 11.9%.
All capital cities experienced decreases in property listings over the month except for Canberra which posted a marginal 0.4% increase…
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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.
