Fresh listings across combined capital cities down 0.6%: CoreLogic RP Data
Fresh listings across the combined capital cities are down 0.6% when compared to this time last year, according to CoreLogic RP Data's Quarterly Regional Market Rental Review to September.
CoreLogic RP Data found 46,658 properties were added to the listings pool over the past twenty eight days.
The review said total stock levels in Sydney, Perth and Darwin are higher than they were a year ago and total listings in Sydney are at their highest level since late last year and rising.
"Melbourne is the only other city to have recorded an increase, up 1.3%," it noted.
"The weaker housing markets of Perth (- 18.8%), and Darwin (-16.3%) have seen a sharp decline in new listings. Total stock levels are now roughly similar to levels a year ago, -0.9% lower nationally and marginally higher (+0.5%) across the combined capital cities. "
