Added over 9 years ago

Listings are rising, property prices may remain flat

According to a recent state by SQM Research, the number of units and houses listed for sale has risen over 40 percent in the past year - a further sign of weakness in the Australian housing market. Furthermore, Century 21 reported that listings has risen 69% than January 2010. The biggest rise in listings in order have been Canberra, Melbourne, Perth and then Sydney. The Queensland market has been affected by the flood but is expected to experience a correction and a spike in listings once the market completes reconstruction.

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