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http://www.scoop.co.nz/stories/BU1308/S00363.htm
Harcourts MarketWatch August 2013
Friday, 9 August 2013, 4:22 pm
Column: Harcourts
Harcourts MarketWatch
August 2013
The statistics from
New Zealand’s largest real estate group Harcourts show, at
current levels of sales, the country only has enough
property on the market to last for 4.2 months. This is
significantly down on the same time last year when there was
enough stock for 6.9 months.
Overall there are 12% fewer
properties for sale than there were in July 2012, however
written volumes of sales are up by 13.1% across New Zealand,
meaning houses are selling fast and leaving the market
hungry for more.
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