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Property listings back to normal after years of low numbers
Morning Report
English - April 01, 2024 17:20 - 3 minutes - 3.39 MB - ★★★★ - 11 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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New property listings are back to normal according to realestate.co.nz after years of unusually low listings.
That's despite high interest rates and high inflation.
In March, new listings were up nationally by 23.9 percent year-on-year and in all regions except Nelson and Bays and the West Coast, while stock lifted back to levels not seen since 2015.
Prices meanwhile have remained stable even as demand remains robust.
Realestate.co.nz spokesperson Vanessa Williams spoke to Corin Dann.