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Stale property listings pile up across Australia

Cotality data shows that for-sale listings are piling up across Australia, up 22% across the combined capital cities over the past year, driven by a surge in older listings in Brisbane, Perth and Adelaide: At the same time, weak buyer demand has driven housing turnover down 19.1% year-on-year and is now tracking 13.3% below the The post Stale property listings pile up across Australia appeared…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

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