The number of homes being listed for sale has leapt over the past few months, according to a report released this week by property information provider RP Data.
Figures in the latest RP Data Property Pulse show that over the past two weeks 34,000 listings of new properties for sale entered the market compared to just 26,000 for the same period in 2007.
RP Data research analyst Tim Lawless confirmed that for the mainland states and territories in Australia, as well as each capital city, the number of new listings and total listings are up from last year's figures across the board.