Properties remain in short supply across the country
Properties remain in short supply across the country
2 June 2021
Realestate.co.nz latest data show stock is down year-on-year in all but one region in May.
Northland, West Coast, Canterbury, Coromandel and Central North Island, fell to all-time lows since records began 14 years ago.
Spokesperson Vanessa Williams says it would take a flood of properties to come into the market to reverse this trend.
She says New Zealanders' demand for houses is outstripping the supply available.
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