Monday 5 June 2017
Record Listing Numbers in May 2017
Sales were less than one per cent lower than the same month last year, and still 15.3 per cent higher than the 10-year average.
“Listings continue to be the story,” said RAHB CEO George O’Neill. “The difference is that two months ago we reported on the sustained low inventory of listings and this month we are talking about a record for new listings. The increase in listings suggests that homeowners have been watching the market, seen home values increase significantly over the last year or two, and decided to take advantage of those increases.”
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