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Tuesday, 1 February 2022

Listings dropped in January

Listings tighten

There was some headlines this week about vendors rushing out of the housing market.

It's probably a bit early for that kind of reporting. 

Yes there will be more listings, as the market reopens.

But total listings actually fell 8 per cent in January, to be 24 per cent lower than a year earlier. 


Stock levels were very tight in Brisbane, Adelaide, and Canberra, in particular. 


Those are some big year-on-year drops. 


Older stock is still clearing well, and housing lending remains robust.