Feast for some agents, famine for others

Feast for some agents, famine for others

17 June 2015 by Staff Reporter 0 comments

Two Australian capital cities have recorded big jumps in listings over the past year, while another two have experienced big declines.

Darwin has recorded a 36.2 per cent growth in listings in the past year, rising from 1,543 in May 2014 to 2,102 in May 2015, according to new statistics from SQM Research.

Australia’s other struggling market, Perth, experienced a 15.6 per cent jump in listings, from 22,207 to 25,680.

Adelaide listings rose 1.0 per cent, from 16,879 to 17,053, while Brisbane listings rose 0.9 per cent, from 27,955 to 28,203.

Listings declined in Australia’s four other capitals.

Canberra fell 4.9 per cent, from 3,542 to 3,388, while Hobart fell 9.1 per cent, from 4,499 to 4,091.

Sydney dropped 14.5 per cent, from 25,699 to 21,969, while Melbourne dropped 16.0 per cent, from 47,492 to 39,912.

Across Australia, listings fell 1.9 per cent, from 366,413 to 359,443.

[Related: Real estate market on alert as lending risks grow]

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