We continue a noticeable increase in new listing activity, allowing purchasers to enter the market with confidence of choice. This has added to the overall portfolio of properties available on the market.
Data provided by realestate.co.nz shows the increase of new property listings has stabilised to 26,301 properties, which is 76.7 per cent ahead of May 2021. In regard to the last three months, there has been a continued lift in new listings, which has seen the total stock available across New Zealand lift by close to 10,000 properties, or just over 40 per cent, in three months.
