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Latest Property Report: Fresh stock across Sydney jumped by 10.5...

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    Latest Property Report:


    Fresh stock across Sydney jumped by 10.5 per cent to 13,780 homes last month, which is the largest amount of new stock to hit the market for any month of August since records started, SQM Research data show.

    Melbourne also posted a strong start to the spring selling season. New listings climbed by 12.6 per cent to 15,075, the highest count since 2016. Canberra, which had a 22.2 per cent lift in fresh stock, recorded the largest increase for any capital city.

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    Total listings have dropped by 1.9 per cent nationwide compared to a year ago. Sydney and Melbourne fell by 6.5 per cent and 4.9 per cent respectively.
 
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