In contrast to Auckland, Wellington is short of private rental properties and has been for over 2 years.

Sales inventory is extremely low, below 50% of normal levels and remaining there.


Rental inventory compared with the same time of year over the last 4 years, i.e. a seasonal chart (the jerky nature is due to the data being collected every Monday and they do not fall on the same working day every year

Notice that the thick black line of 2017 starts well below previous years and remains 40% below average levels at this time off year

Jonette 2011