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Busiest winter for new listings in five years
Homebuyers who are planning to make their move into the market this spring-selling season will be spoiled with more options as new listings surged over the past month. PropTrack’s latest report showed a 9.9{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} monthly growth in new listings on realestate.com.au in August, capping off the busiest winter in five years. Compared to last year, new listings over the month were 20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} higher. However, the big difference was due to the lockdowns in Sydney, Melbourne, and Canberra in August last year. There was a 3.9{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} monthly and 13.7{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} annual gains in the total number of listings across the country in August. Monthly changes in residential listings – PropTrack State…