PHOTO: Asking prices remain stable nationally, but Auckland region falls back to 2017 levels
New property listings drop significantly in June, while asking prices and buyer interest hold steady. Auckland region records a fall in new listings and asking prices are back to 2017 levels.
Real-time statistics from realestate.co.nz show across the country, new property listings fell in 15 of the 19 regions in June, which represents a 9.9% drop compared to June last year. Nationally, there were a total of 8,136 new property listings.
“Three regions recorded all-time new listing lows in June compared to the previous year,” realestate.co.nz spokesperson Vanessa Taylor.
These were the Gisborne (down 41.4%, 41 listings), West Coast (down 25.8%, 49 listings) and the Wairarapa region (down 27%, 84 listings).
READ MORE VIA REALESTATE.CO.NZ