This week's property round-up

There was a further easing in reported sales last week as more stock flowed into the market, with all components contributing to the softening.

The movements in sales activity north and south of the river remains pretty consistent. Despite the dip, sales remain above the level of four weeks ago, which was influenced by the Australia Day weekend but continue to track 10-15% below the same time last year.

Listings have now passed through the 13.500 level for the first time since May 2012 when stock levels were trending down.

We will look at the increased listings distribution since the new year in more detail next week The rental leasing market remains solid with property leased last week (1,275) continuing to rebound from the Australia Day dip (1066) and also remains above the same level last year (1,231).