PHOTO: 123RF – In Auckland, available stock was up 20.4 per cent compared to a year earlier.
Sellers in regional New Zealand have been capitalising on the holiday season to sell their properties, new data suggests.
Realestate.co.nz has released its January statistics, which showed that the main centres’ property markets cooled through the month.
Asking prices in Auckland fell 4 per cent from the previous month to an average $943,543. In Christchurch, asking prices were down 2.1 per cent. Wellington and Waikato’s were stable.
The total number of houses for sale in those areas was up compared to the same time a year ago, indicating properties were not selling quickly.
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