From AFR today.
Houses were sold at a faster rate than they were being listed in the three months to May as vendors continued to hold off and as buyers remain undeterred by further interest rate increases, new data shows.
A total of 78,700 homes were sold nationwide over the past three months to May, while only 68,250 were listed, resulting in a sales to listings ratio of 1.15 according to CoreLogic.
“This shows housing demand outweighs the number of new listings added to the market,” said Tim Lawless, CoreLogic research director.
“Despite the previously weak housing market conditions through the second half of last year, the sales to new listings ratio has held relatively high compared with pre-COVID levels.
“Even through the worst of the recent housing market downturn, the sales to new listing ratio across the combined capital cities hardly dipped below 1.”
From AFR today.Houses were sold at a faster rate than they were...
Add HLI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.78 |
Change
0.000(0.00%) |
Mkt cap ! $1.104B | |||
| Open | High | Low | Value | Volume |
| $3.79 | $3.80 | $3.74 | $3.469M | 921.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1820 | $3.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.78 | 20198 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$3.76 |
Change
0.000 ( 1.16 %) |
||||
| Open | High | Low | Volume | ||
| $3.78 | $3.80 | $3.74 | 312104 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| HLI (ASX) Chart |