Surge In Listings

Property listings are on the way up, increasing by 9.4% at the start of the Spring selling
season, according to the latest Ray White listings report.
CoreLogic data shows despite the rise, advertised supply levels are still well below last year.
All major capital cities have recorded listing increases.
Sydney’s new listings rose by 11.6% in August with big spikes in Tallawong and Colebee.

Melbourne’s listing rose by 17.2% during the same period, with big increases in Travancore
and Diggers Rest.
In Brisbane listings are up 2.2%, Waterford listings rose by 80%. In Adelaide listings rose by
4.2% with the largest increase in Banksia Park. Perth’s listing rose by 6.8% with Forrestdale
recording the highest growth.
In Hobart listings rose 14.8%, with Battery Point achieving the highest increase in listings.
Darwin’s new listings grew by 26.5% with Parap experiencing the biggest increase.
The Agency CEO, Geoff Lucas, says listings across the East Coast of are up 22% on last
year.