Statistical Information for Landlords (and sometimes tenants)
Here are some hints;
Inventory (or Listings) is an approximate form of identifying the "Vacancy rate”. Internationally a 3% vacancy rate is a market in balance. I believe it is more like 2.5% in NZ - possibly due to Government housing.
The market is always seasonal.
I am slowly building this website, if you need more coverage please comment and I will see if I can assist
The following charts provide an interesting contrast, sales listings compared with rental listings for the same periods. Anecdotal evidence (lots of tenant applications) suggest rentals are being sold, maybe in the current low listings period?
