Auckland properties took longer to sell in August than in any August since REINZ records began — and it wasn't an isolated blip. New REINZ data released this week shows the city's inventory has now grown for 31 straight months, while nationwide sales hit their sixth-lowest August level in 35 years. If you own a rental in Auckland, this is the clearest read yet on where the market actually sits heading...
Auckland properties took longer to sell in August than in any August since REINZ records began — and it wasn't an isolated blip. New REINZ data released this week shows the city's inventory has now grown for 31 straight months, while nationwide sales hit their sixth-lowest August level in 35 years. If you own a rental in Auckland, this is the clearest read yet on where the market actually sits...
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