Kiwi property-seekers were squeezed for choice in October with fewer listings to choose from nationwide, realestate.co.nz data shows. Both new listings and the total number of houses for sale around the country were down last month, compared to a year ago. In Auckland, new listings were down almost 20 per cent with only 3566 new properties coming on to the market during October. The total number of homes available for sale were also fewer. Taylor said when the number of new listings declined but the total number of homes available rose, this suggested homes were staying on the market for longer than usual.

Source: Stuff October 31, 2019 19:06 UTC