30/07/2024
Data from Neoval and Ray White has revealed changes to the number of listings in each capital city. While many cities are noting an increase to the number of listings, changes to the median price reveal that the drivers for this differ between locations.
For instance, in Adelaide, strong price growth has encouraged more people to come to market. The number of properties coming on the market has also been strong. However, while Perth has also been experiencing strong price growth, the number of properties coming to market has been low. There is simply more people that are looking to buy than there are properties available.
If you’re wondering what this data could mean for your homeownership goals, we can help.
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