News
Decline in sales nationwide
Monday 14th of November 2016
In October, nationwide sales volumes were down on September by 9% and by 14% year-on-year.
Once seasonally adjusted, sales fell by 2% from September to October – which was an indicator that sales were lower than what would be expected for the time of year.
Auckland sales dropped by 12% on September and by 16% year-on-year, while Waikato/Bay of Plenty saw a 25% decrease in sale year-on-year.
Alongside the fall in sales, the national median price fell by $5,000 to $510,000 in October.
Want to read the full article?
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
Latest News
![[The Wrap] What the heck is happening at the FMA?](https://goodreturns.publit.io/file/c_fill,w_300,h_200/a6c3bc06-6401-44de-96e2-286c090e132d.jpg)