The monthly data from Australian Property Monitors on clearance rates, time on the market and price discounting continues to chart the varying courses of the major city markets.

The trends for Brisbane are good, with "average days on the market" falling from 95 days a year ago to 65 days now and the average discount (difference between the initial advertised price and the eventual sale price) has dropped from 7% to 5%.

In Adelaide, days on the market have fallen from 80 in March to 70 in May, discounting has dropped from 6% to 4.5% and clearance rates have improved from around 60% a year ago to above 70% today.

The trends are also positive in Canberra, Melbourne and Sydney.

But Perth isn't looking too healthy. Time on the market has blown out from 35 days a year ago to 95 days now, and the average discount to make a sale has doubled. Auction clearance rates these days are typically below 40%.