LISTINGS ACTIVITY
Listing numbers saw sizable decreases in both March and April across the country . Sentiment surrounding purchasing has improved as inflation results saw further decreases , likely to fuel interest rate reductions . Listing levels for this month sit slightly below that of 2023 results with owners opting to “ wait and see ”, particularly given the ongoing change in values .
Uncertainty to list has also been heightened over the last two months given the early Easter and school holidays being out of sync across the country . With this period now behind us , we expect to see an uptick and stability in activity in May similar to prior years .