We know that supply has been increasing recently, as new listings are now 14 % above same time last year (source : Corelogic at 24/9/23).
But the gap between supply and demand remains significant, looking at 5 year average :
- the rolling quarterly volume of dwelling sales for combined capital is above 5 year average,
- while the total listings for combined capitals is 17 % below 5 year average.
