Listings have risen sharply in some areas at a time of falling demand, suggesting imminent price falls. Picture: Andrew Henshaw A massive build-up of unsold housing stock, lengthening sales timelines, and sudden buyer pullbacks have triggered correction warnings for key suburban corridors in Australia’s biggest states. Data from a Listings Surge September 2026 report by research group FoundIt has revealed the risk of a deeper correction – involving larger price falls than those already recorded – has emerged in many areas, largely due to changes in stock levels. SEE THE HIGHEST RISK AREAS IN EACH STATE BELOW These were areas where the current inventory of real estate listings exceeded five months worth of demand, when measured against current auction clearance rates and other buyer metrics. The time it took properties in these areas to sell was also rising, prices had already dropped over the past 90-day reporting period, and the supply of listings was rising each month. FoundIt head of research Kent Lardner said the hallmark of the areas flagged as about to be hit with heavier price falls was that they had recently been flooded with new supply, but the full impact of this increase...
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