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Victor Trenton

Reports · 16h ago

The Housing Market Indicators Report

The Housing Market Indicators Report is a collection of unique key housing market metrics which provide valuable insight into housing conditions. This month’s data highlights how strong housing conditions currently are.

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Australian properties are selling at record speeds according to the REAInsights Housing Market Indicators Report released today. Author of the report and realestate.com.au Economist, Anne Flaherty, said the property market is showing no signs of slowing down in 2021.

“The combination of the low cost of debt and an unprecedented level of government support has seen buyer activity surge this year,” Anne said. “Demand remains strong with views per listing on realestate.com.au at record highs, up 6.1% nationally for the month. We are also seeing properties sell at record speeds with the number of days properties are listed for sale on realestate.com.au hitting record lows in every state in March, at just 48 days on average.” The monthly #REAInsights Housing Market Indicators Report analyses consumer behaviour in real time by extracting property market insights from the 12 million Australians who visit realestate.com.au each month. Combining key metrics, the report provides an up-to-date view of the property market and emerging trends.

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Wade Warren

Looking forward to the next chapter of the report!

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