Ray White Now - December 2023 RayWhiteNow_December_2023_Digital | Page 7

LISTINGS ACTIVITY
Listing volumes were up in early spring however , since then , the number of properties coming to market has been more subdued . The volume is on par with what we saw at the end of 2022 . While price growth would normally lead to more properties coming to market , it appears that a lack of stock may be inhibiting sellers . Most sellers are subsequent buyers . More positively , although anecdotally , we ’ re hearing that more investors are selling because of high interest rates ; this has had minimal impact on listing volumes .