Sellers now face much more of a wait to find a buyer for their properties.
New figures from research firm myvalocity show a significant slowdown in the residential property market.
Year-on-year, the number of new residential mortgage registrations dropped 21 per cent in September.
Auckland had the biggest fall, down 26.2 per cent.
from
http://www.stuff.co.nz/business/85874291/New-data-shows-big-drop-in-mortgage-registrations
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