News

Huge surge in number of properties for sale

Thursday 2nd of June 2022

Property website realestate.co.nz says the slump in housing sales has pushed stock levels up a whopping 77.6% year-on-year nationally, a level not seen since 2019.

At the end of May the website had 26,301 residential properties available for sale.

In Wellington, which remained in a buyers’ market for the third consecutive month, stock levels almost tripled, up 187.9%, duri...

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