PHOTO: While metrics are slow in our biggest city, Aucklanders are continuing to hunt in other regions of New Zealand.
A rise in new property listings nationally is strongly underpinned by Canterbury and Wellington regions.
Real-time data from realestate.co.nz shows new property listings rose year on year for the first time since November 2017, when looking across New Zealand. New properties to market hit 9,899 in April, representing a 1.9% increase compared to the same period last year.
“On the face of it this increase looks relatively modest, but it’s a case of several smaller regions offsetting a volume drop in Auckland,” says Vanessa Taylor, spokesperson for the country’s largest property listing site.
Auckland registered a 4.6% fall in new listings (3,380) compared to April 2017. Auckland asking prices remained static, with a 0.6% increase to $955,577 compared to March 2018.
READ MORE VIA REALESTATE.CO.NZ