Trends we are noticing are:

• Hesitancy amongst buyers due to higher mortgage cost and concerns over inflation
• The market has slowed down to moderate pace
• More negotiation happening

“Canterbury was the region with the strongest annual percentage growth in June. …

Trends we are noticing are:

• Median days to sell has increased again to 43 days from last month’s 38 days.
• The price growth of last year is receding
• Tightening of lending criteria and rate increase has further slowed the activity