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Harcourts MarketWatch for July 2012
Harcourts MarketWatch for July 2012
As winter makes itself known, new listings are slow to come to the market, continuing the pressure on stock levels which are at their lowest in four years.
‘Recovery’ is the hot word at the moment as written sales volumes increase, this being a direct indicator of market activity and buyer confidence particularly in the main centres.
Auction volumes continue to rise and with increased buyer activity this places pressure on existing stock and results in firming sale prices.
Auckland and Christchurch continue to be the stand out markets showing no signs of slowing.
Harcourts Market Watch July
2012.pdf
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