๐ง๐ต๐ฒ ๐ก๐๐บ๐ฏ๐ฒ๐ฟ ๐ผ๐ณ ๐ณ๐ผ๐ฟ-๐๐ฎ๐น๐ฒ ๐๐ผ๐บ๐ฒ๐ ๐๐ฎ๐น๐น๐ ๐ต%
In a surprise result, there was a sharp fall in the number of properties listed for sale in April.
A total of 227,020 homes were on the market in April, which was 9.0% lower than the month before, according to SQM Research.
SQM managing director Louis Christopher said that while listings numbers typically fall between March and April due to public and school holidays, this year's decline was larger than normal.
"The corresponding large falls in new listings combined with an uncharacteristic fall in older listings suggests some vendor caution selling at this point in time. And those vendors who are on the market want more for their property as asking prices rose again for the month, though we note weakness in the regions," he said.
"Going forward it is likely we will see a bounce in new activity for May. Thy key will be if we record another fall in older stock as that will confirm to us us buyer activity has risen."
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