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Mortgagee sales listings on Trade Me and realestate.co.nz surged to a record 442 in the last week, lifting the proportion of mortgagee listings to total listings to 0.41 per cent despite another sharp rise in overall listings.
The survey by interest.co.nz of mortgagee listings found 442 listings nationally, up from 430 last week and up from 374 a month ago. The biggest growth was outside Auckland.
Total volumes listed on both real estate listing websites rose to 109,115 from 108,531 last week, raising the portion of mortgagee listings to 0.41 per cent from 0.40 per cent last week and 0.35 per cent a month ago.
Mortgagee listings are up from 211 and 0.21 per cent of total listings when we started tracking the listings on March 10.
- INTEREST.CO.NZ
