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28 Jul 2021 20:19
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  •   Home > News > Business

    Properties remain in short supply across the country

    Properties remain in short supply across the country


    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.

    © 2021 Newstalk ZB, NZCity

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