SQM Research reported a +3.9 per cent increase in total listings in May 2020.
The increase was driven by older stock not selling, according to Louis Christopher of SQM.
Compared to a year ago listings are still -12 per cent lower, with all capital cities seeing less stock.
Asking prices were +10.2 per cent higher year-on-year for houses, and +2.5 per cent higher for units.
SQM's media release can be found here.
