Monthly listing results for our capital cities may be less than ideal , however over the year there are still some bright spots . Collectively across the cities there ’ s been an increase of 2.5 per cent on the year , albeit 24.8 per cent down on the month .
Canberra has been the best performer , up 12.8 per cent annually to 694 listings , followed by Melbourne , up 11.2 per cent to 8,740 . Sydney has been the worst monthly offender , down 31.6 per cent , however still up 3.3 per cent on the same time last year , with Brisbane yielding similar results .
Smaller markets which have shown the greatest value appreciation but all continue to be hampered by limited stock with Hobart , Darwin and Perth all recording strong declines in both monthly and annual listing numbers .