PHOTO: 123RF December wasn’t a great month to be a real estate agent.
If you were trying to sell a house, last month was not the time to do it. And the situation was worst in Auckland.
Data from the Real Estate Institute shows the end of 2018 was a fizzer for the property market.
The number of houses sold across New Zealand dropped 13 per cent compared to December 2017, making it the quietest December in seven years.
In Auckland, sales dropped 24.3 per cent to the lowest December level for 10 years. It was also the lowest monthly sales volume of any month since October 2017.
READ MORE VIA STUFF
adsense