NEW LISTING REPORT -APRIL
Posted on May 27, 2013 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
The number of new listings fell to 10,023, down 21.5% on March and down 1.5% year on year. In the main centres, both Auckland and Canterbury experienced an increase in listings when compared to April last year of 9.3% and 0.8% respectively and Wellingtons figure fell by just 1.9%.
The next 3 months are traditionally a quieter time for the market, with lower listings ahead of the spring pick up in August. If property sales continue strongly it is likely that asking prices will continue to creep up as demand for property continues to remain high.
[Real Estate.co.nz]
Filed under: REAL ESTATE | Tagged: Real Estate