Number of Melbourne listings declines by 5%: CoreLogic
The number of listings in Melbourne is down compared to 12 months ago, according to CoreLogic’s latest report.
The property data firm says that the number of total listings is 28,486, which is a decline of 5.1% on last February.
This is not helped by the number of new listings declining by 2.5% compared to the same period last year.
Sydney is down considerably, in both fresh and total offerings.
Going against the national trend is the number of Brisbane listings, which has increased by 6.6% over the past 12 months as well as its new listings increasing by 0.7%.
