Supply vs Demand.
For every capital, how many homes are hitting the market for each one that sells — new listings measured against sales. Set the line and see where new supply is outrunning demand, or flip to the markets where buyers are clearing stock faster than it’s replaced.
How to read it: the ratio is the number of new listings over the past year for every sale in the same period — a reading above 1× means more homes are being put up for sale than are clearing. A high ratio points to supply outrunning demand (a buyer’s drift); below 1×, stock is selling faster than it’s replaced (a seller’s market). Use the toggle for houses, units or all (all combines the two). Markets at or above your line glow; flip to Demand-led to rank the tightest. Markets are SA3 areas; thin-turnover markets are held back. Greater Capital City areas, ABS GCCSA. Source: Suburbtrends, May 2026.
Kent will send the full ranking behind this exact cut — every market, by capital city and rest-of-state — and a quote you can attribute, with an embargo if you need one. Kent is available for interviews and podcasts — he'll confirm a time.