On Trade Me there are 41 listings in Grey Lynn - but 35 are apartments or townhouses. It is the hot city suburbs that are are suffering the most. Listings for stand-alone houses in popular Auckland city-fridge suburbs have plummeted as would-be sellers stay put. Barfoot and Thompson said it had no listings for houses in Grey Lynn and only one each for Ponsonby and Herne Bay. The market for stand-alone houses "was tight" and there had been a lot of interest in a rare entry-level stand-alone property he was marketing in Grey Lynn.

Source: New Zealand Herald July 16, 2016 17:03 UTC