January produced a significant rebound in new property listings across every capital city market, despite overall volumes remaining 8% lower than a year earlier. The broad monthly increase suggests sellers are regaining confidence following a quieter period.

Sydney recorded a 169% rise in new listings during January, leading the capital cities. Darwin followed with a 114% increase, while Adelaide posted a 109% lift. These substantial gains partly reflect seasonal patterns, as vendors traditionally re-enter the market at the start of the calendar year.

Regional results were more mixed. Regional Queensland recorded the strongest increase at 39%, followed by Regional Northern Territory at 16% and Regional Tasmania at 14%. Conversely, Regional Victoria, South Australia and Western Australia experienced declines in January listing volumes.

On a year-on-year basis, most capital and regional markets remain below prior levels, with Canberra the exception, showing a 5.3% annual increase in new listings. Constrained stock levels in many locations continue to support price resilience.

Lower listing volumes can signal seller caution, limited replacement options or expectations of stronger future pricing. However, the January rebound indicates renewed engagement and potentially improved transaction activity in coming months.

Supply and demand dynamics will determine price direction throughout the year. A sustained rise in listings without parallel buyer demand could ease competitive pressure. Alternatively, if stock remains relatively tight, upward price momentum may persist.

Tracking listing trends provides insight into negotiation leverage. Increased stock broadens buyer choice, while limited availability strengthens vendor positioning. The recent uplift suggests a transition toward a more active market phase, though annual comparisons remain subdued.