New listings in the housing market have increased year-on-year despite a seasonal slowdown, according to the latest PropTrack Listings Report.

Compared to the previous month, June 2024 saw new listing volumes down 15%, marking the transition into a quieter season. Every capital city and regional area reported a monthly decrease in new listings in June.

However, new listings were 1.3% higher compared to June 2023. Among capital cities, only Perth (-5.7%), Darwin (-6.7%), and Canberra (-2.6%) saw a year-on-year decline in new listings. In regional markets, only South Australia (+8.2%) experienced an increase in new listings over the year.

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