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Tuesday, 2 June 2020

Listings begin to pick up

Listings picking up

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.