South Australia's listing market activity declines by 11%: CoreLogic
South Australia has the largest decline in listing market activity on a month to month basis, according to CoreLogic’s latest weekly report.
The property investment firm says that listing activity declined by 11.6% in the state.
However, seasonally adjusted, listing activity in the state represents a 2.3% increase month on month.
Listing activity often declines in the lead-up to the Christmas holiday season following the traditionally busy spring selling season.
New South Wales experienced a decline of 7.6% in listing market activity month on month, CoreLogic found.
Victoria was the only state to record a month on month increase, with listing activity rising 1.5% month on month.