A Strange Kink

Updating the monthly stats hereI found a common Kink in the data starting last week. I am not sure what caused this but it is very evident in Wellington, where I know many properties never made it to Trademe due to “listings” on Facebook. We tried that and it works, sort of, if the demand is high.

The chart below shows the point on a national scale, listings did not reach the highs of the peak last late January, then suddenly in March they are matching. I suspect demand/supply is the same as last year, i.e. suppliers advantage in WN, HN and TG, while AK and CH are about even.

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Jonette 2011