Melbourne has more stock on market than that during the height of the GFC, 2.5 times more in fact. Now thats interesting. Sydney has more stock on market in April 2012 than that of April 2011, and April 2010. Nationally there is slightly more stock on market than April 2011, and a heap more than April 2010, 2009, and 2008. Adelaide, Hobart, Canberra have more stock on market than GFC levels. Brisbane has more stock on market than April 2009, 2010, and 2011. Only Darwin and Perth have declining stock on market. So it sounds like someone who started this thread has there head buried (quite deeply) in the sandpit!
