News

Sellers' market nationwide: Survey

Thursday 9th of August 2012

BNZ chief economist Tony Alexander said that a lack of inventory was pushing prices up particularly in Auckland, Canterbury and Otago. “Only in Northland does there appear to be a wave of potential sellers appearing whereas in Auckland and again in Otago few potential vendors appear to be stepping forward.”

In Northland, a net 36% of agents were seeing more requests for...

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