Here are a few of my favourite indicators that I watch relating to the trend of real estate in Te Atatu Peninsula. The moving average reduces the noise or chop and gives a clearer picture of what is going on.
Although the moving average median price has been trending down since Febuary 2017, May and June have flat-lined.
Looking at moving average the number of houses sold remains in a fairly tight range.
Looking at moving average the days to sell a house is fairly flat to marginally higher.