Login
ISCOVER
The number of houses listed for sale surged over the last twelve months in a sign that more Australians are feeling the pressure of increased loan servicing costs.
The total number of listings on the national property market averaged around 132,700 in April, RP Data said last week. This compared to just 76,100 during the same time last year – a significant 74 per cent increase.
RP Data said new listings continued to track just above the twelve month average, while total listings continued to climb due to lower market demand.
You’re out of free articles for this month
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Looking for more benefits?
Become a Premium Member.
Published: 19-05-08
JOIN THE DISCUSSION