News

Stock shortages, prices boom

Monday 2nd of August 2021

The national average asking price is up 20.2%, and the stock squeeze continues with 33.3% fewer properties available compared to June last year, new data from property website realestate.co.nz shows.

On average, Kiwi homes are costing nearly $150,000 more than they did this time last year and there aren’t any signs to suggest it will slow down, particularly as there are fewer than...

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