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.