New Zealand housing goes up by 76% in a year
WELLINGTON, Sept. 22 (Xinhua) — According to the most recent Trade Me Property Price Index, issued on Thursday, the number of properties for sale in New Zealand continued to skyrocket in August, rising a record 76 percent compared to August of the previous year. Director of Property Sales at Trade Me, Gavin Lloyd, stated that the national property supply has increased annually for the past nine consecutive months. “While last month’s surge was somewhat attributable to the statewide lockdown in August 2021, these increases have been rising all year, and the current supply is substantially above pre-pandemic levels.” “Last month