1 Feb 2022

House listings show slight cooling in real estate market

From Morning Report, 7:43 am on 1 February 2022

The national average asking price for a home has more than doubled over the past 10 years to more than a million dollars.

There are some signs of a slight cooling, with listings on Realestate.co.nz down just over 1.5 percent this January compared to the last, reflecting a slowdown in the number of sales.

Realestate.co.nz spokesperson Vanessa Williams spoke to Susie Ferguson.