Increased housing stock breathes new life into Auckland property market
– Total number of properties for sale up 50.8% –
An increase in the total number of residential properties available for purchase in Auckland is good news for home buyers.
Real time data from realestate.co.nz for the month of May, shows that the city’s total housing stock was up 50.8 per cent compared to the same time last year.
“More properties sitting on the market means more choice for potential home buyers and, with asking prices relatively static, it’s a real lift for house hunters,” says realestate.co.nz spokesperson Vanessa Taylor.
Source: www.realestate.co.nz
Image Source: www.realestate.co.nz