New Listings Are Higher Than Year Ago While Total Listings Are Lower

The number of properties advertised for sale is showing some substantial differences between regional and capital city markets as well as between individual capital cities.

The number of properties being advertised for sale across the nation is much lower than it was a year ago.  Looking at the data, it indicates that the reduction in properties for sale is largely being driven by the regional housing markets rather than the capital cities.

CoreLogic counts properties for sale each week…