Figures
Auckland Apartment Figures
March 6, 2023
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- A high volume of completions is continuing, and peaking this year.
- At some point in the next couple of months, the volume of non CBD apartment stock will be larger than the CBD. Current CBD stock is 21,253 units and the Fringe and Suburban markets total 20,604 units.
- The off plan presale environment is challenging with presales at their lowest volume in ten years.
- Launches have increased slightly off a very low base.