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New Zealand September New Property Listings Rise 10%

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Oct. 3 (Bloomberg) -- New Zealand’s new residential property listings rose 10 percent in September from August, according to realestate.co.nz, an industry website.

The increase followed a 13 percent gain in August from July, according to a report on the website. New listings rose 5 percent from September last year.

The volume of unsold properties was the equivalent of 37 weeks of sales, little changed from August, the website said. The average asking price gained 2 percent from August,

To contact the editor responsible for this story: Tracy Withers at twithers@bloomberg.net

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