The number of houses for sale across the country is at a record low level
The number of houses for sale across the country is at a record low level
7 January 2020
The Real Estate Institute has revealed the figures, which also show the national average price for a home has gone above 700-thousand-dollars.
Spokesperson Vanessa Taylor says there are a variety of reasons for a shortage of properties.
But she says one reason could be the challenge to get a rental property.
Taylor says some owners may be looking to buy before they sell, due to the shortage of rental stock.
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