Listings flood market but vendors need to be realistic about pricing

RESIDENTIAL PROPERTY

BUYERS in Sydney and Melbourne have seen the highest surge in new listings for this time of year in over a decade, and Canberra in 20 years, bringing some reprieve from...

New PropTrack data shows new listing volumes in August nationally were 6.6% higher over the month, as the market moved into its busiest period, while volumes were...

The annual rise in new listings was largest in Sydney (4.3%), Melbourne (2.7%) and Canberra (4.3%) – which respectively saw their highest number of new listings for an August since...

That contributed to total listings nationally being 1% higher over the month and 4.5% higher than a year ago, marking the 11th consecutive month that total listings have been...

We’ve still been seeing good sales volumes, while we’re starting to see the days on market increase a little bit. So people that are putting their properties on the market need to..

We’re already seeing the rate of price growth slow everywhere. It’s still very high in places like Brisbane and Adelaide, but we’re starting to see that rate of price growth...

Almost 30% of all suburbs across Australia’s capitals and regional areas saw a loss in housing values over the past three months, according to CoreLogic...

New listings are slightly higher year-on-year in Brisbane and Perth, which have been amongst the leaders in house price growth recently. Falls were seen in Hobart...

The picture is slightly different when it comes to total listings. Canberra (up 22.4%) led growth, followed by Melbourne (15.0%), Sydney (13.2%) and Hobart (7.1%). Perth saw the...

Regional Victoria, Tasmania, Northern Territory and NSW all saw robust growth in total listings in annual terms, with modest gains in regional South Australia...

Whether it’s out of necessity or whether it’s confidence that people can upgrade in this market, we’re seeing a lot of people putting their properties up for sale,” Kusher said...

Higher interest rates for longer is probably driving some people to list their properties. I think in Melbourne in particular, the fact that the cost of owning an investment property has...

In Sydney, probably more so than Melbourne, people have got a lot of equity in their property given how much prices have risen over recent years, and they might have been...

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