REINZ
  • Data released by REINZ for August 2016 shows that housing inventory available for sale is continuing to rapidly fall nationwide, with an 18% decline in properties available for sale year-on-year and five regions with less than 12 weeks of supply, representing almost 70% of sales volumes.

According to the latest figures released today by REINZ, source of the most recent, complete and accurate real estate data in New Zealand, Wellington has the fewest properties for sale with just seven weeks of supply, closely followed by Otago with 10 weeks of supply and Auckland, Waikato/Bay of Plenty and Hawke’s Bay with 12 weeks of supply.

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