More than 35% of homes listed for sale in Auckland and Northland are subsequently withdrawn from sale, one economist says. He took the number of properties listed in a month, compared to the number sold and the overall number of houses listed for sale. "That suggests over 45% of properties listed for sale are eventually pulled from the market." That covers properties withdrawn between March and May in each year. Trade Me said the median days properties were listed on its site increased to 68 days for May, which was an increase of six days from April.
