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 going on.
Looking at moving average house prices have only softened about 6% from the highs from March 17.
Looking at moving average the number of house sold has started to rise a little from March 18.
Looking at moving average the days to sell a house is fairly flat to marginally higher.