News

Tight listings compound slowdown

Thursday 11th of February 2016

The latest Real Estate Institute of New Zealand (REINZ) data is out today and it shows that the SuperCity has seen in the new year with dramatic falls in both median prices and sales volumes.

Auckland’s median price fell by $50,000, or 6.5%, to $720,000 in January 2016. This is in comparison to $770,000 at the end of 2015.

It was still up by...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.