The property market continued to hit record highs throughout New Zealand in October, based on the latest data released from the Real Estate Institute of New Zealand (REINZ). The national median house price reached $895,000, an increase of 23.4% compared to October 2020, and 12.6% compared to Septemb..

The New Zealand property market has once again shown its persistent strength against Covid-19. The September property report released by the Real Estate Institute of New Zealand (REINZ) proved that confidence in the industry is warranted, with the national median house price rising to $795,000, an i..

The New Zealand property market proved its strength in August, despite lockdown impacting sales and listing processes nationwide. The national median house price rose 25.5% compared to August 2020, to reach a record $850,000, according to the latest data from the Real Estate Institute of New Zealand..

House prices are continuing their upward trend well into 2021, with median national house values increasing by 28.7% to reach $820,000 in June and five regions reaching record highs, according to the latest data from the Real Estate Institute of New Zealand (REINZ).

“Professionals agents around the ..

The property market is holding strong throughout a traditionally slower time of year for real estate, with record median prices across four regions including Auckland and the number of days to sell remaining low. In fact, Professionals offices across the country have seen the number of sellers drop ..

March was another interesting month in the property market, with record highs continuing on all fronts – including median price, number of homes sold and days to sell.

January was an interesting month for New Zealand’s property market, with median house prices continuing to break records and the number of listings remaining high during what is traditionally a slower time of year in real estate; but still not meeting demand.

The property market continued to hit record highs in November, with the highest number of residential properties being sold since 2006, according to the latest data from the Real Estate Institute of New Zealand (REINZ).

It has now been more than a month since the re-emergence of Covid-19 in our community and the subsequent lockdowns, giving plenty of time to assess its impact on the property market.

Contrary to many economists’ predictions, most actual, key property market indicators are looking positive for sellers when you look at June sales data, with the number of sales throughout the country in June 2020 up 11% on the same month last year and house prices also trending upwards.