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Property listings starting to rebound after a tough 2020

Property listings starting to rebound after a tough 2020 By Bianca Dabu 08 April 2021 | 1 minute read SHARE Seven of the eight major capital cities have seen their total property listings decline significantly over the past year, but hope is on the horizon as the rebound begins. Figures released by SQM Research indicate that national property listings have declined by 16.7 per cent over the year to March 2021, bringing the total number of listings to 256,568, down from 307,915 at the same time last year. Most capital cities saw double-digit declines, led by Hobart with a drastic 22 per cent drop to 1,592 listings. Adelaide followed with a fall of 21.9 per cent to 12,530 listings, while Darwin came in third with a 21.2 per cent drop to 1,353 listings.

Property for sale inventory crunched again

MacroBusiness Access Subscriber Only Content at 1:20 pm on April 8, 2021 | 1 comment SQM Research has released its Stock on Market data for March, which has recorded a heavy 16.7% year-on-year decline in the number of listings, with every market except Melbourne recording falls: The total number of property listings across Australia continues to fall, driven by the smaller markets. The decline in total listings came despite a solid 10.7% year-on-year increase in new listings (i.e. advertised for less than 30 days): New listings have risen, whereas old property listings have shrunk. According to SQM managing director, Louis Christopher, this is a sign of insatiable buyer demand, which points to ongoing strong price appreciation:

Rental vacancies tightening outside of Sydney and Melbourne

Rental vacancies tightening outside of Sydney and Melbourne
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