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Why there’s not enough property for sale right now – Domain News

The number of property listings on the market slumped in the run-up to Easter, leading to fears that home prices will surge further into April as demand continues…

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The number of property listings on the market slumped in the run-up to Easter, leading to fears home prices will surge further as demand continues to outpace supply.
With the volume of houses and units for sale in Sydney dropping last week by 12 per cent over the week before, in Brisbane by 8 per cent, in Adelaide by 9.7 per cent and Darwin by 11.4 per cent, Melbourne showed a miniscule rise of 1.5 per cent.
The only other exceptions to the downward trend were Hobart, where listings rose by 18.7…

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