Wednesday, 9 October 2024

New listings rise in spring selling season

Spring sales time

PropTrack reported new listings up by 10.1 per cent in September, as the spring selling season kicks into gear.

Over the year, listings were up more modestly, by +6.5 per cent.

That said, listings were still lower year-on-year in Perth, Adelaide, Brisbane, and Darwin,


Source: PropTrack

It's good to see a bit more choice out there for buyers.

In saying that, total listings are coming from an extremely low base, and overall quality stock on the market remains tight.


Source: PropTrack

We're seeing a fair amount of properties transacting pre-market and off-market, reflecting the tight nature of market conditions.

You can find PropTrack's media release here.

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