Sellers hoping for bumper spring selling season

[{"selector":"#anim-225d72c8-58e2-42db-ad42-78c5a8042459 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] NEW listings are surging across the country’s capital cities as the Spring selling season takes off. According to the latest figures from SQM Research, national residential property... Read more

[{"selector":"#anim-df1d3dcb-fbbd-4574-a4e1-b8f366df2b1e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Improved listings were driven by surges in new listings for most capital cities, led by Melbourne and Sydney, with the increases offset nationally by... Read more

[{"selector":"#anim-efafd5ec-c422-4a73-b8e5-40a7229f4c9a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Over August, Sydney recorded a 6.2% increase in total listings, with new listings up 10.5%. With Sydney recording the largest number of... Read more

[{"selector":"#anim-9d6d2ca0-804c-4f40-a652-a70cf40ee5c7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(4.932693372218877e-15%, 2.5074219883873775e-7%) scale(0.8264462809917356)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] While Melbourne saw a 5.9% increase in total listings, driven by a 12.6% increase in new listings. With Melbourne seeing its largest increase in new listings for the month of... Read more

[{"selector":"#anim-e64d6e4d-d694-47e6-b591-fdbf889e187a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “The capital cities by and large are having a strong start to the Spring selling season. SQM Research has just recorded the largest counts of new listings for Sydney for... Read more

[{"selector":"#anim-11a1ec3e-e0f9-415e-93a2-39786f9c6bea [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Melbourne since 2016. And to date, we know the auction market is having a strong start in September with rising volumes and firm clearance rates holding over from winter.”... Read more

[{"selector":"#anim-b4431d56-cdf6-4c56-af02-39fb2dd44b96 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Read more “So, confidence has been returning at least to our capital city housing markets. The same cannot be said for regional Australia it is best described for... Read more

[{"selector":"#anim-377934fc-465e-41f8-a82c-2fc5689a8ffa [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] For the month Canberra recorded the greatest increase of any in total listings of any capital city, for a 13.6% annual increase... Read more

[{"selector":"#anim-1e6b5b90-6010-4ea1-a821-092746c1caa1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Meanwhile, Brisbane, Perth and Adelaide saw marginal decreases in listings over the month, down 0.2%, 0.4% and 0.1% respectively... Read more

[{"selector":"#anim-c521c9b7-1e1a-4150-912d-b91d8951fb34 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] For the year, national residential property listings decreased by 1.9%, with most cities seeing fewer total listings for the year. With Hobart seeing the... Read more

[{"selector":"#anim-2e40988c-5d83-4bbc-af8a-b6743a280353 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “We now have two very separate markets in Australia. Firstly, a stronger capital city housing market driven by very strong population growth rates and... Read more

[{"selector":"#anim-a968b707-3aba-4a4f-beca-2f552bba8a9d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “In contrast, regional markets are struggling. Driven by population outflows and uncertainty surrounding local regional economies.”... Read more

[{"selector":"#anim-b3dedb94-3df1-4a2f-93f6-d31f6df92d97 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Capital asking prices rose by 0.9% over August, up 7.2% compared to August 2022, with national asking prices up 2.1% for the month and ... Read more

[{"selector":"#anim-0f1d4f66-6a34-495c-bb06-359ab018bd4f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] With asking prices up 1.1% in Sydney, 0.2% in Melbourne, 0.4% in Brisbane, 1.6% in Perth, 2.5% in Canberra... Read more

[{"selector":"#anim-b524341a-d320-43ac-91c7-ec437417d6bc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] In August, the number of residential properties selling under distressed conditions decreased to 5,180, after a drop of 1.8% from 5,277 distressed listings recorded in July... Read more

[{"selector":"#anim-a0e880d6-b19d-4c4a-b9fc-6fa0045ffe28 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Though the ACT, Tasmania and the Northern Territory recorded significant increases in distressed selling activity... Read more

[{"selector":"#anim-e03e00a9-de28-40ad-beca-ff69446833a8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “As for the fears surrounding the 2023 peak in fixed mortgage resets, the truth is this fear seems increasingly overblown. We have recorded yet another fall in... Read more

[{"selector":"#anim-5548382c-10eb-46c2-91fb-6a45a3035028 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.5527136788005e-15%, 2.528317205966838e-7%) scale(0.8333333333333334)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] “Provided unemployment does not spike, it appears now very likely there will be no forced selling on mass over the coming months.” Read more

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Sellers hoping for bumper spring selling season

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