Mortgagee listings rise over last week

Mortgagee sales listings on realestate.co.nz rose last week to 353 from 326 the week before and were at their highest level for a month and a half. The rise was led by the Upper North Island, with rises in Northland, Auckland, Coromandel and the Waikato. Our residential mortgagee listings index this week, for listings on realestate.co.nz and Trademe, was up 6% from both last week and this time last month. __________ * This article was first published yesterday in our daily email subscription newsletter for the banking and finance industries. The email costs NZ$365 per annum and carries exclusive news and analysis for New Zealand banking and finance industry executives, regulators and investors. Sign up for a free trial here.