New property listings remain subdued

The number of new property listings fell 17.5% across the country, year-on-year – with only 8729 new listings registered during August, latest data from realestate.co.nz showed.

Only the West Coast and Hawke's Bay had more listings than last year, according to a Fairfax article.

The regions of the North Island registered the most dramatic falls in new listings compared to the same period last year, with Auckland down 22.7%, Waikato 23.2%, Northland 24% and Coromandel 37.6%.

The number of new property listings fell 17.5% across the country, year-on-year – with only 8729 new listings registered during August, latest data from realestate.co.nz showed.

Only the West Coast and Hawke’s Bay had more listings than last year, according to a Fairfax article.

The regions of the North Island registered the most dramatic falls in new listings compared to the same period last year, with Auckland down 22.7%, Waikato 23.2%, Northland 24% and Coromandel 37.6%.

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