The present rate of sale of real estate has grown gradually over the last six months and has during the past few months; the rate of sales leads with a speed faster than a decrease in the inventory list was repaired in September was this balance.

Now asking prices by 3.4% from September last year and shows set to only 1% below the sales price peak in April of this year's report RealEstateNZ. The trimmed mean asking price for all new ads in September increased significantly from $ 415,078 to $ 425,565 in August. Rose to a seasonally adjusted basis sales price by 1.5% in the month shows an emerging trust between seller strengthening prices.

There is a seasonal trend, which is to ask for higher prices in the spring of each year, this year, from season more important and could lead to a new high asking price. 11 117 new offers on the market represents a year with a 5% annual increase in seasonally adjusted terms, the rise a modest 0.3%. On a rolling 12-month basis the total number of new last year amounted to 124 102 compared with 142 778 during the same period a year ago, a decrease of 12%. The level of unsold homes on the market at the end of September rose slightly. At the end of the month was 46 299 houses, apartments, lifestyle properties on the market compared to 44 689 in August and below 51.035 a year ago.

The current level of inventories represents 37.2 weeks of equivalent sales. The national expectation of offer prices in September increased significantly influenced by seasonal factors. Throughout the country, this trend in 17 of the 19 regions was observed, which cut off an increase in the average selling price compared to the last three months on average. The largest increases were observed in the Auckland, Manawatu / Wanganui, Canterbury and West Coast, of which exceeded 5% growth compared to the average of the last three months.