NSW leads new residential listings activity: RP Data

Property ObserverDecember 7, 2020

New South Wales leads Australian states in new residential listings activity, up 14.6% (seasonally adjusted) in the month to March 31, according to the latest information from RP Data.

rpdataapril3onethumb

rpdataapril3twothumb

The RP Data Property Index provides a lead indicator for the number of residential dwellings that are being prepared for sale across the Australian housing market. The index, which tracks the flow of metadata across RP Data’s real estate data platform, shows a 75% correlation with the number of new listings about to enter the market.

Editor's Picks

Beulah’s reveals one of Merri Creek's largest home in The Wilds, Northcote development
Monolith Projects appoint Sinjen to build Sculpt Hawthorn apartments
First look: Mosaic reveals amended plans for Woolworths Kangaroo Point site
SMA bring back The Regent Theatre heritage in Fitzroy with latest apartment development
The top eight considerations when buying off the plan