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31 Oct 2025 21:23
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      Home > News > Business

    Property listings continue to increase as sales slump nationwide

    Property listings continue to increase as sales slump nationwide


    The Real Estate Institute reported just 4356 residential sales in June - down 25.6 percent compared to last year.

    Listings increased by 25.5 percent year-on-year - with Wellington experiencing a 50.3 percent jump.

    Chief executive Jen Baird says the rise in new listings continues a trend seen throughout the year.

    She says the total number of properties up for sale is rising, as fewer are being sold.

    © 2025 Newstalk ZB, NZCity

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