Fewer buyers results in greater months of supply

Based on the relationship between demonstrated housing demand and advertised stock levels we are seeing relatively more stock available for sale compared to demand for that stock across the capital cities at the moment.

The months of supply figure compares the number of unique properties advertised for sale to the number of transactions in the market.  The analysis provides unique insight into how long it should take to clear the volume of stock currently available for sale.  It is…