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  1. #1
    Join Date
    May 2004
    Location
    Bay Of Plenty, NZ
    Posts
    3,603

    Default Low listings prompt property market stall warning

    If the number of houses being listed for sale doesn't increase, the inevitable house price rises that follow will risk the market stalling with buying moving out of reach for many people, Alistair Helm CEO of Realestate.co.nz is warning.

    Realestate.co.nz's latest monthly property report, for March, shows the stock of unsold houses on the market dropped to its lowest point since January 2008, with 46,411 unsold houses, apartments and lifestyle properties on the market at the end of March, down 619 from 47,030 at the end of February on a seasonally adjusted basis.
    Read the rest of the article here.
    Patience is a virtue.

  2. #2
    Join Date
    Aug 2010
    Posts
    2,636

    Default

    Some of them around here have been unsold for a LONG time. Reports like that must really piss the vendors of those places off.

  3. #3
    Join Date
    Apr 2008
    Location
    Kapiti/Horowhenua
    Posts
    95

    Default

    Helm is still a fool.Direct from Mars and not doing the Real Estate industry,nor the market, much good with his commentary.


 

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