• The traditional lift in housing market activity during September failed to eventuate, highlighting the unpredictable nature of the property market in 2016, says realestate.co.nz spokesperson Vanessa Taylor.

Real-time market statistics from realestate.co.nz show new property listings across the country down by 12.2 per cent on the same time the previous year, and the total housing stock down 23 per cent.

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SOURCE: realestate.co.nz