The property market in Australia saw a slowdown in December, with new listings dropping 65.9% month-on-month. However, the month still recorded the highest number of December listings in the past six years, offering homebuyers more choices and hope.

According to PropTrack's latest Listings Report, released Tuesday, December's performance marked an improvement over the 69.1% drop recorded in December 2023. Despite the usual end-of-year slowdown, total listings in December reached their highest volume since 2018, News.com reported.

"December typically sees a significant drop in listings as people avoid selling during the holiday period when many are away, and buyer activity is subdued," Cameron Kusher, PropTrack's director of........

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