Housing turnover highest in Auckland

  • Almost one in 10 houses in Auckland change hands within a year, a much higher turnover rate than the rest of New Zealand.

Figures supplied to the Weekend Herald by property data company CoreLogic show 8 per cent of homes in Auckland have been sold within 12 months of purchase in the year to date, compared to only 3 per cent for the rest of New Zealand.

Within six months, 3.6 per cent of Auckland homes were sold again, compared with 1 per cent in the rest of the country.

READ MORE VIA NZHERALD

Akld

Almost one in 10 houses in Auckland change hands within a year, a much higher turnover rate than the rest of New Zealand. Photo / Brett Phibbs

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