Data from realestate.co.nz showed Nelson and Bays housing stock dropped by 49.2 per cent from December 2019 to December 2020, with only Wairarapa (58.5 per cent) and Coromandel (50.3 per cent) experiencing bigger drops. The figures were reflected nationwide, with housing stock in 16 of 19 regions falling to all-time lows since records began 13 years ago. “It’s pretty dire – but if you go back and include the 2018/19 figures the housing stock has probably gone down about 60 per cent." Bradley said until the Nelson’s housing supply issue was resolved it was likely the trend would continue. “In this case Nelson is quite squarely in third place.”Nelson and Bays search data for December from realestate.co.nzTop 5 user search locations:CanterburyAucklandNelsonWellingtonEnglandTop 5 suburb/town searches:

Source: Stuff January 07, 2021 01:52 UTC