It's great articles with some informative data. I would love to view more

and more affordable housing news in upcoming future.

Keep it up dude!

More real estate agent hype - a lot of these listings have been on before taken off the market over winter and now relisted for spring. Prices also have fallen in many areas as realistic sellers who need to move there properties meet the market. Be careful of anything you hear real estate agents quoting in most cases its wishful thinking

I'm a relatively new agent and to Jens and Sceptic...please don't judge us all by the bad actions of a few. Agents are just people trying to make a living in a very difficult market,and believe it or not, a lot of us actually do have our clients best interests at heart!

I am a cash buyer having sold last year and I am currently renting as the properties on the market from North Auckland to the Bay of Plenty are either overpriced or just rubbish that you would have to be desperate to buy. Reality is that there is nothing on the market that demonstrates value for money and anyone buying at crazy prices in Auckland with the mad Mayor in office and resultant rate rises coming needs their heads read.

'New' listings says it all. How many of these are actually new listings to the market and not properties that were listed earlier in the year, removed for winter and now put back onto the market?? I bet it's quite a high number as there are two down my street that have relisted in the past week!

Never believe real estate agents, they only want their commission!!

Note to the Stuff editorial staff: Please do not quote press releases verbatim which use highly selective statistics to spin or hype a market.

There is NO SHORTAGE of houses, "wake up" ! We have a dwelling density of 2.53 people per house in thsi country; that's an historical low. And as the economy tightens and the density rises back up toward 2.75 or higher as people try to save money, we will have tens and tens of thousands of houses TOO MANY in New Zealand. Sell whilst you can; if you can, this spring!

In Whangarei vendors are sitting for years on their overpriced non selling listings.

The agents have given up and don't even bother putting offers in writing. They have forgotten how to negotiate.

Prices need to fall big time here before houses will sell.

A really interesting statistic I have noticed in the area I am valuing in is majority of listings are those that brought in 2006-2007 and now they have decided it is time to exit at a lower price. I think we have some downward correction to come....

Mike#8 When you say house prices have dropped in the rest of the world by 40-50%, what world are you referring to and where did you get your facts? or is the basket case of the USA your "world"? Prices in Hong Kong where I am at the moment have risen 70% in 3 years and are still going up, you need a 50% deposit for anything over $10 million HKD, that will get you a 800sqft apartment in town! Prices in OZ and the Uk have declined but not by much, that is the reality unfortunately.