PHOTO: Property Asking Price
Record high asking prices in 11 regions, and record low total stock numbers in 9 regions | Signs of an early spring market for Auckland and Canterbury
August 2018 has been a month of record highs and record lows since realestate.co.nz started collecting data more than 11 years ago, says realestate.co.nz spokesperson Vanessa Taylor.
Real-time statistics from realestate.co.nz show nearly two thirds (11) of the country’s 19 regions hit record high average asking prices in August, while half of the regions (9) registered all-time lows in the number of houses listed for sale.
“Added into the mix is a healthy number of unique browsers in August to realestate.co.nz, which hints at an early spring lift in housing activity,” says Vanessa.
In August, 911,012 unique browsers visited the site, which is a 5.2% increase on July and consistent with summertime browsing levels, she says.
“We’ve had a relatively static housing market since the election period and this lift in interest coincides with a healthy injection of new listings in two of the country’s largest regions.
Of the 8,739 new property listings across the country during August, almost half (4,343) were located in either the Auckland or Canterbury regions.
READ MORE VIA REALESTATE.CO.NZ
