Other residential properties were sold in August, with listings rising 2.9% per month, according to SQM Research figures.
The number of national residential property listings increased from 316,391 to 325,693 in July. However, registrations decreased by 2.1% on an annual basis.
All states recorded monthly growth in listings, with Melbourne registering the largest increase at 6.7%. The Victorian capital also recorded the highest number of property listings for the month, with 37,671 people.
On an annual basis, Sydney recorded the largest decline, at 15.3%. The impact of this crisis was mitigated by strong gains in Canberra and Hobart.
The table shows the increase in the number of registrations in each state in August:
House prices are on the rise
Prices for capital homes increased slightly by 1% during the month to $ 928,800. Prices charged to the unit, however, decreased by 1% to $ 560,500.
Melbourne home prices and unit prices increased by 0.1% and 0.4%, respectively, during the month. Hobart also recorded real estate price growth and unit prices of 0.5% and 4.2%.
Compared to the previous year, the prices demanded by the capital recorded decreases of 1.5% for houses and 2.3% for units.
The table below shows the changes in the prices charged in each state:
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