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NZ: New property listings in short supply

Posted on 01 August 2011

The New Zealand property market picked up again during July, but new listings are in short supply, prompting a warning that disillusioned buyers could end up leaving the market due to a lack of choice.
A monthly report prepared by industry website Realestate.co.nz shows new listings fell 15 per cent on a year ago, and fell by 2 per cent to 8966 from June 2011……………………………………….Full Article: Source


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