New data indicates strong market activity, with property listings rising in January and providing more opportunities for buyers.

According to SQM Research, national listings increased by 4.5% in January and are now 10.3% higher than at the same time last year. Currently, there are 243,642 properties available for sale.

Brisbane led the surge with a 9.8% increase, followed by Perth (7.9%) and Sydney (7.3%). Other cities also saw growth, including Hobart (6.8%), Adelaide (6.8%), Canberra (3.3%), and Melbourne (2.1%). Darwin was the only capital city to record a decline, with listings down 1.3%.

SQM Research Managing Director, Louis Christopher, says the data signals a strong start to 2025, with an increase in property supply supporting market stability.

He believes the Reserve Bank of Australia’s decision on interest rates this week will be pivotal in shaping market confidence.

“If an interest rate cut occurs, it will likely boost buyer confidence, driving higher demand and potential housing price growth of 6% to 10% over the year,” he says.