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Tuesday 31 August 2021

Listings plunge in August on lockdowns

Lockdowns bite

A bit more flavour on how and where listings have dropped.

Lockdowns disrupted new listings in Sydney and Canberra in August.

Total listings therefore fell by 9.6 per cent, from 238,384 to 215,911.

Over the year total listings have fallen by more than 26 per cent, down from 293,000 a year earlier. 

Total listings are now the lowest since records began in January 2010, according to SQM Research.

The biggest year-on-year declines were experienced in Sydney, Brisbane, Hobart, Adelaide, and Canberra, reported SQM.