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PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Tuesday, 1 October 2019

Sydney tightening fast

Stock tightening

Sydney stock levels fell sharply by -5.7 per cent in September 2019, to just 28,773.


Sydney listings have plummeted by some -20.4 per cent over the past year.


A bullish signal for A-grade stock in Sydney, and indeed Louis Christopher has christened it a new housing boom for Sydney.

Some brighter signs for Perth here, too. 

Stock levels were higher year-on-year in Canberra (and in Hobart, but from a very low base in this case). 

Overall, though, national listings were down -6.9 per cent year-on-year, following an abnormal decrease for September - a time of year when stock on the market is normally expected to rise.