General
Months Of Housing Supply Elevated
The months of supply metric measures the volume of stock advertised for sale against the run rate of settled sales. The result, expressed in months, provides an indication about how long it would take the market to absorb all the residential properties that are advertised for sale.
Across the combined capital cities, there is currently 5.3 months of housing supply available for sale; if no more properties were advertised for sale, it would take 5.3 months for current advertised supply to be…
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