Average search activity on real estate website Realestate.co.nz increased slightly in October compared to the same month last year.
The average number of searches per listing nationwide in October increased by just 1.9% compared to October last year, according to newly released data from the website.
This relatively modest increase in activity is perhaps surprising, as last October was the lowest since 2011 and this year's October sales were up 7.8% year-on-year, as recorded by the New Zealand Real Estate Association. It's the right thing to do. one year ago.
And in both September and October of this year, the national average number of searches per listing was down from the previous month, rather than up from the spring.
Search efforts also varied greatly by region.
Ten regions had higher average search levels per listing this October than last October, while nine regions had lower search levels.
Wellington saw the biggest increase in average searches per listing compared to a year ago, with an increase of 47.7%. The biggest decline in average searches per listing was in the Coromandel, where it fell by 44.5%. See the table below for complete numbers by region.
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