House sales battered

Sales dropped annually by 38.1% from 7,629 in June last year to 4,721 as listings increased 89.5% from 13,861 in June last year to 26,271.

The sales count across the country, excluding Auckland, declined 35% annually from 4,776 to 3,103. Only the West Coast, with +31% had a month-on- month increase.

Those with the greatest annual drop were:

• Auckland, down 43.3% annually from 2,853 to 1,618 ;
• Bay of Plenty, down 41.3% annually from 458 to 269;
• Gisborne, down 39.5% annually from 43 to 26; and
• Taranaki, down 39.4% annually from 198 to 120.