Stock selling faster - or equally as fast - in seven capital city markets in October: APM

Brisbane was the only capital where the pace of residential property sales slowed during October, according to Australian Property Monitors.

It was a dramatic tunraround for Brisbane given its September results.

Stock was selling faster - or equally as fast in Melbourne and Canberra  - in most capital city markets over October.

The biggest improver was Perth were the time on market dropped from 120 days to 110 days.

Canberra remained the quickest, Clinton McNabb at Australian Property Monitors said.