Seller Pullback May Stabilise Sydney and Melbourne Prices
New listings in Sydney dropped 12.6% and in Melbourne 9.7% between May and August, contributing to a national decline. This decrease in available stock could help offset weaker buyer demand, with some small price uplifts noted.
In Melbourne's western growth corridor, reduced competition from fewer listings could offer a more stable environment for sellers. Buyers might face less choice but potentially less intense bidding for available properties.
Summarised by Ravs Realtors from reporting by Htag.



