Stock for sale virtually unchanged from last year: Pete Wargent
Pete WargentDecember 17, 2020
Historically dwelling listings tend to begin to rise from the end of August.
However, nationally dwelling stock on market levels remain 1.3% lower than a year ago.
At the capital city level stock on market has declined over the past year in Hobart (-11%), Canberra (-8%), Melbourne (-5%), Brisbane (-3%), Adelaide (-2%) and Sydney (-1%).
However, there have been significant increases in stock on market in the struggling markets of Perth (+18%) and Darwin (+15%).
PETE WARGENT is the co-founder of AllenWargent property buyers (London, Sydney) and a best-selling author and blogger.
His latest book is Four Green Houses and a Red Hotel.
Pete Wargent
Pete Wargent is the co-founder of BuyersBuyers.com.au, offering affordable homebuying assistance to all Australians, and a best-selling author and blogger.