A real estate agent says there isn't enough demand to meet the supply of townhouses.

Newly constructed townhouses are sitting on the market so long that they no longer qualify as 'new builds'. 

It means first-home buyers can't get low-deposit loans on the property. 

Real Estate Agent Rawdon Christie says developers are shifting close to what the market wants. 

"So rather than putting 15 in there, let's put 8 standalone two-story houses, which are still three-bedrooms." 

LISTEN ABOVE

A real estate agent says there isn't enough demand to meet the supply of townhouses.
Newly constructed townhouses are sitting on the market so long that they no longer qualify as 'new builds'.&nbsp;
It means first-home buyers can't get low-deposit loans on the property.&nbsp;
Real Estate Agent Rawdon Christie says developers are shifting close to what the market wants.&nbsp;
"So rather than putting 15 in there, let's put 8 standalone two-story houses, which are still three-bedrooms."&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.