LISTINGS ACTIVITY The national listing trend reveals the fundamental supply shortage that continues to underpin market strength, with new listing volumes consistently below both 2023 and 2024 levels throughout 2025. July’s preliminary data shows 35,989 new listings nationally, trending marginally ahead of 2023 July data. These results highlight the constrained supply conditions that have driven competitive bidding and sustained price growth. This persistent undersupply, combined with limited construction activity and population growth pressures, creates the foundation for continued price appreciation once monetary policy easing resumes. The gap between current listing levels and historical norms demonstrates the structural imbalance that has characterised Australian property markets, explaining the resilience shown even during periods of interest rate uncertainty.
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