PHOTO: SUPPLIEDIt was a blooming busy month for residential property listings across the country, with the highest number of homes on the market in four years, new real estate figures show. According to the online listings agency realestate.co.nz there were 10,373 new property listings during September, up almost 12% on the same month last year. The average asking price for housing stock in Otago fell by 1.9% for the month, to an average of $466,817. The average asking price in Auckland also dropped by 1%, to $916,162. However, Ms Taylor said that there had been strong levels of demand, with more than one million unique browsers searching the website in September.

Source: Otago Daily Times September 30, 2019 14:48 UTC