Login
iscover
Business remains brisk for real estate agents, according to RP Data’s latest Market Activity Index.
The Index, which measures the activity of real estate professionals, has risen by 14 per cent since the start of June.
You’re out of free articles for this month
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
The increase in action corresponds with the rise in overall real estate listings.
More than 48,400 new real estate listings have been added to the market over the last month.
But while the influx of new stock to the market remain reasonably high, the total amount of stock advertised for sale has been falling consistently since peaking at 234,500 homes advertised for sale in October last year.
Last month, 204,546 homes were advertised for sale, an overall reduction of 16 per cent.
You need to be a member to post comments. Become a member for free today!
You are not authorised to post comments.
Comments will undergo moderation before they get published.