Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Thursday, 7 January 2021

Listings plunge in December

More buyers than sellers!

Sydney listings dropped very sharply by 18 per cent in December to around 26,000. 

Canberra listings were down 17 per cent, and Melbourne listings fell 12 per cent, according to SQM Research.

Melbourne listings are still 31 per cent higher year-on-year at 39,475, as the city works through its post-lockdown glut. 

Nationally stock is well down on a year ago, and as investors come back into the market January is set to get off to a flyer.