Listings activity
Analysis of Ray White’s listing authorities - the formal agreements between vendors and agents - provides valuable insight into future market supply. Particularly as we command over 15 per cent market share, these metrics offer a meaningful snapshot of broader market trends. Current data shows the national 28-day rolling sum of listing authorities has reached unprecedented levels, continuing its upward trajectory through the year.
The strength in listing volumes varies by region, with Victoria and Tasmania showing the strongest momentum, closely followed by South Australia and Northern Territory. The New South Wales and ACT region, while still positive, demonstrates more modest growth compared to the previous year. Several market dynamics are driving this surge in listing authorities, including change in price growth, affordability, taxation and population movements.
This unprecedented level of listing authorities suggests the spring selling season could extend beyond its traditional timeline. For buyers, this signals an expanding range of options and potentially reduced competition for individual properties. However, the ultimate impact on prices remains uncertain, as many markets still demonstrate substantial underlying demand despite the increasing supply.
Analysis of Ray White’s listing authorities - the formal agreements between vendors and agents - provides valuable insight into future market supply. Particularly as we command over 15 per cent market share, these metrics offer a meaningful snapshot of broader market trends. Current data shows the national 28-day rolling sum of listing authorities has reached unprecedented levels, continuing its upward trajectory through the year.
The strength in listing volumes varies by region, with Victoria and Tasmania showing the strongest momentum, closely followed by South Australia and Northern Territory. The New South Wales and ACT region, while still positive, demonstrates more modest growth compared to the previous year. Several market dynamics are driving this surge in listing authorities, including change in price growth, affordability, taxation and population movements.
This unprecedented level of listing authorities suggests the spring selling season could extend beyond its traditional timeline. For buyers, this signals an expanding range of options and potentially reduced competition for individual properties. However, the ultimate impact on prices remains uncertain, as many markets still demonstrate substantial underlying demand despite the increasing supply.
The property market has experienced a notable revival in listing activity during the recent quarter, with October’s preliminary figures revealing a substantial increase to nearly 55,000 listings. This marks a significant shift from the cautious winter period, when inflationary concerns had prompted both buyers and sellers to adopt a more conservative stance toward property decisions.
Recent momentum has surpassed previous years’ levels, buoyed by encouraging economic indicators that point to potential interest rate adjustments in the new year. This improved outlook has helped reinvigorate market participation from both buyers and sellers who had previously remained on the sidelines.
Property owners who had been hesitant to list their homes are now showing increased readiness to enter the market. This anticipated expansion in available properties could fundamentally alter market dynamics, presenting enhanced opportunities for prospective buyers who have been awaiting more favourable conditions.
As we look toward 2025, the market appears poised for increased activity. The combination of improving economic conditions, potential interest rate relief, and growing seller confidence suggests a more vibrant and dynamic property landscape in the months ahead.
This month’s listing data reveals contrasting patterns across Australia’s capital cities, reflecting diverse market conditions nationwide. The aggregated capital city listing volumes show robust growth, up 11.8 per cent for the month and 18.4 per cent annually.
Sydney, while maintaining its position as the market with the highest listing volume, has experienced a deceleration this month, though still recording the strongest annual percentage change. Melbourne presents an intriguing counterpoint, matching Sydney’s volume but demonstrating more dramatic growth with a 27.9 per cent monthly increase and a 12.8 per cent annual rise, as property owners increasingly move to market their assets.
Perth’s listing numbers have surged by over 30 per cent this month, driven by owners seeking to capitalise on substantial price appreciation. In contrast, Adelaide’s competitive buying environment has led to a reduction in available listings. Brisbane’s market shows increasing owner caution, with listings declining 0.3 per cent this month, despite maintaining a strong 17.9 per cent annual increase.
These varying trends across capital cities highlight the localised nature of property market conditions, with each region responding differently to price movements, buyer demand, and broader economic factors.
This month’s listing data reveals contrasting patterns across Australia’s capital cities, reflecting diverse market conditions nationwide. The aggregated capital city listing volumes show robust growth, up 11.8 per cent for the month and 18.4 per cent annually.
Sydney, while maintaining its position as the market with the highest listing volume, has experienced a deceleration this month, though still recording the strongest annual percentage change. Melbourne presents an intriguing counterpoint, matching Sydney’s volume but demonstrating more dramatic growth with a 27.9 per cent monthly increase and a 12.8 per cent annual rise, as property owners increasingly move to market their assets.
Perth’s listing numbers have surged by over 30 per cent this month, driven by owners seeking to capitalise on substantial price appreciation. In contrast, Adelaide’s competitive buying environment has led to a reduction in available listings. Brisbane’s market shows increasing owner caution, with listings declining 0.3 per cent this month, despite maintaining a strong 17.9 per cent annual increase.
These varying trends across capital cities highlight the localised nature of property market conditions, with each region responding differently to price movements, buyer demand, and broader economic factors.
Regional property markets have demonstrated a different listing trajectory compared to their metropolitan counterparts, with annual growth reaching 12.5 per cent. However, the monthly data shows more vigorous activity with a 12.6 per cent increase, suggesting a recent acceleration in market activity.
The NT regional market recorded the most substantial monthly increase in listings, though this growth stems from a relatively small base. Regional Victoria emerged as a particularly active market, with an impressive 35.5 per cent monthly surge bringing total listings to 3,939 properties.
Regional New South Wales continues to dominate in terms of absolute listing volumes, posting a 13.6 per cent annual increase. This is closely followed by regional Queensland, which, despite showing no monthly change, has achieved a 13.2 per cent year-on-year growth. Regional SA shows similar momentum with a 13 per cent annual increase.
This pattern of growth across regional markets suggests a more measured pace of expansion compared to capital cities, while still maintaining steady upward momentum in most areas.
