News

Supply and demand gap widens

Monday 3rd of June 2013

And that is pushing asking prices to record highs.

The website reported a seasonally adjusted truncated mean asking price nationwide of $454,795 in May, up 4.3% from the same time last year.

The report said the rise in asking price was noticeable in more than half of New Zealand, with Auckland reaching a new record high of $631,656, and Central Lakes Otago reaching a new high of...

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