Every agent needs to know the findings in the 'Stock on Market Report 2021' - Louis Christopher
Every agent in Australia should know the findings in this report. Louis Christopher, the founder of SQM Research, is one of the most recognised and respected property analysts in Australia. In this webinar, Louis Christopher and I discuss:
- Why it would be beneficial for agents to have real estate boom run out of steam
- The data to help vendors re-align their price expectations
- Has the end of JobKeeper affected the real estate market?
- His predictions of the real estate market, and potential challenges agents may face in the next 12 months.
Key insights from SQM's 'Stock on Market Report 2021': - Australian residential property listings rose in April 2021 by 2.4% to 262,617 from 256,568 in March. Compared to 12 months ago, listings were down by 10.3%.
- Nationally, new listings (less than 30 days) fell 2.8% over April, with 81,643 new properties added onto the market. New listings are up 57.5% over the year.
- Sydney asking house prices jumped 6.1% over the month to 4 May, but oversupply is weighing on unit prices. National asking prices rose by 3.7% for houses but edged 0.2% lower for units.
Click here to access the report Total Property Listings Rise in April 2021
Forward this to the clients in your database so they can make informed decisions.
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