The current environment is raising an interesting question for anyone considering selling their home.
Bring forward plans to list, in case prices fall? Or wait things out?
The national data paints a mixed picture:
- New listings rose 3.8% month-on-month in March and 5.4% year-on-year (source: SQM Research).
- But total listings were 6.7% lower than a year ago.
That suggests activity is picking up – but supply remains constrained.
Why listings matter for prices
Listings influence property prices:
- more stock → less demand → downward pressure on prices.
- less stock → more demand → upward pressure.
Right now, the national market is sitting somewhere in between.
What to watch
Uncertainty can work both ways.
Some homeowners might bring forward plans to sell, in case prices decline. Others might prefer to postpone selling plans until a clearer picture emerges.
How that plays out will influence how much stock comes onto the market in the months ahead, and how that impacts prices.
Contact me if you want to understand how these shifts could affect your buying or selling plans.
