Prospect of a rate cut push sellers to flood market

RESIDENTIAL PROPERTY

NEW listings across the capital cities are increasing at the fastest pace in six years, hitting record highs in Sydney, Melbourne and Canberra, as resilient values and...

Numbers from Domain provided to Australian Property Journal showed new listings for houses are 56.1% higher in Sydney in annual terms, and around 30% higher in...

In the units market, new listings in Sydney are 19.6% higher than a year ago, and in Canberra are 21.6%. Melbourne is up by 6.5%...

The market conditions evident in the latter part of last year have continued into 2025, giving us the largest monthly increase in new listings since 2019...

The continued rise in new stock suggests that sellers are likely encouraged by stable demand and resilient property values. The high chance of a rate cut has potentially also brought...

Listings are currently at their third-highest on record in Adelaide, and the highest since 2022 in Brisbane and Perth, according to Domain...

Domain’s data is reflected in SQM Research numbers, which shows total listings grew by 4.5% in January, hitting 243,642 properties – 10.3% higher than a year earlier...

The higher supply is giving buyers more time to make decisions and assess the market, meaning the time it takes to sell a home is extending across most capital cities...

This may be prompting sellers to adjust pricing expectations to get a quicker sale. With a potential rate cut at our doorstep, we could see buyer demand increase again in the coming months...

The past week’s inflation data showed the underlying inflation measure had eased further, within touching distance of the RBA’s target band, and...

Homes are taking longer to sell with an increase in days on market across most cities, including Sydney (to 59 days), Melbourne (to 66), Brisbane (45), Perth (33), and Hobart (83)...

Vendors have increased discounting on houses in most cities over recent months. Sellers in Melbourne are now offering discounts of 6.4%, Sydney vendors are coming down by...

Domain expects increased supply to be a major reason while there will be a buyer’s market in 2025...

In a note to clients, Capital Economics Australia and New Zealand economist Abhijit Surya said that although the prospect of imminent rate cuts could temporarily...

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