Perth listings 13770 - only 10522 not under contract Sydney listings 20365 - only 18670 not under contract Melbourne listings 40777 - only 38896 not under contract Brisbane listings 15941 - only 14363 not under contract Adelaide listings 7905 - only 6876 not under contract Newcastle region listings 1217 - only 1129 not under contract
So we can see you are overstating the actual properties for sale for the most part by at least 7%. Perth - 23% Sydney - 8% Melbourne - 4.6% Brisbane - 10% Adelaide - 13% Newcastle - 7%
It is debatable what the true meaning of these numbers is as was stated earlier by others it does not show whether the listings are going up or down. However the least you could do if you are going to say these numbers actually have some meaning for reason x, y or z is get the real numbers of properties actually available!