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Tuesday, 18 June 2019

Fewest new listings in years

Stock shortage

New listings in Sydney are tracking at the lowest level in years by far, according to CoreLogic's latest figures.

It's something that anyone searching right now would know from first-hand experience. 

Buyer enquiries have lifted sharply since the election too. 

The RBA noted today that uncertainty surrounding Labor's proposed taxation levies had impacted the housing market before the election, but those uncertainties have now been lifted.