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1.Market Observations, 8.Was Sticky

25 July 2019 (AFR) – Why there are no properties for sale

(25 July 2019, AFR, p41, Nila Sweeney, Reporter)

Council regions with the largest decrease in total listings (CoreLogic, AFR)

Council regions with the largest decrease in total listings (CoreLogic, AFR)

‘Home listings have fallen as much as 17 per cent in some suburbs across the state capitals over the past year as owners wait out the downturn, hoping to sell into a recovery. The data compiled by CoreLogic for The Australian Financial Review reveals the extent to which the sellers’ slump has shrunk listings, with the greatest declines experienced across areas in Sydney, Melbourne, Hobart and Adelaide.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

 

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