Prices Still Rising

It is Winter and it is amazing that despite rain wind and snow, the martket remains strong with only statistical variations to contend with.

Come Spring and Summer it won’t be just the weather that will be hotter.

 

National housing inventory recovers a little in July but asking prices hit record highs, according to Realestate.co.nz
August 1, 2013 – 10:01am, David Hargreaves

The inventory of unsold houses has recovered slightly from the six year-lows seen a month ago, but asking prices have reached record highs, according to Realestate.co.nz.

According to data released today by Realestate.co.nz in the NZ Property Report nationwide, measured by equivalent weeks of sales left on the market, is now 26.7 weeks, which is up from the six-year low of 24.9 weeks reported in June.

Read the rest here:

http://www.interest.co.nz/property/65679/national-housing-inventory-recovers-little-july-remains-low-levels-according-realesta

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