News

Auckland property market shifts in favour of sellers

Wednesday 1st of June 2011

"The Auckland market, which saw strong late summer property sales, has now as a consequence of these sales matched to the slower flow of new listings, seen inventory levels below the long term average," the report said.

"At the end of May the inventory of unsold houses on the market fell to 30 weeks as compared to the long term average of 34 weeks. The last time this level was seen was...

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