Three suburbs where house sales have dried up most
Buyers are holding back as house prices fall and interest rates rise.
But if you’ve put a house on the market lately and struggled to find buyers, spare a thought for those in Cannons Creek, New Windsor and Newmarket.
Corelogic data comparing sales numbers over the past year to the total number of houses in those areas shows these three suburbs have had the slowest housing markets over the year.
In Cannons Creek, just 1.8% of housing stock had been sold in the last year. In New Windsor and Newmarket, the figure was 2%.
Source: Stuff.co.nz