Home buyers in Auckland, New Zealand’s largest city, are returning to the property market and beginning to reduce the volume of unsold houses, according to a survey.
The inventory of homes for sale in Auckland fell 9 percent to the equivalent of 34.8 weeks of sales in April from 38 weeks in March, according to figures on realestate.co.nz, the industry website. Nationally, inventory rose 1 percent after increasing 9 percent in March..............................................Full Article: Source
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