Media releases

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14/02/2023

REINZ January data: Year starts slowly but more activity being reported

The Real Estate Institute of New Zealand’s (REINZ) January 2023 figures show house prices have declined but at a slower rate than seen previously.

14/02/2023

Regional spotlight: Otago

Dunedin prides itself on its uniquely built heritage, beautiful scenery, and its affordability in comparison to other regions in New Zealand.

18/01/2023

REINZ December data: Activity remains subdued, price falls begin to stabilise

REINZ December data shows prices continue to ease but the pace of the decline is slower, and the market has settled at its new pace.

18/01/2023

Regional spotlight: Waikato

December is a popular time of year for those looking to purchase a holiday home, and Taupō and Coromandel are attractive destination choices for holiday home buyers.

21/12/2022

Late spring level out for lifestyle market

Data released by the Real Estate Institute of New Zealand (REINZ) shows there were 24 fewer (-1.9%) lifestyle property sales for the three months ended November 2022 than for the three months ended October 2022.

20/12/2022

Spring sales steady the ship

Data released by the Real Estate Institute of New Zealand (REINZ) shows there were 145 fewer (-37.3%) farm sales for the three months ended November 2022 than for the three months ended November 2021.

13/12/2022

REINZ November data: Activity remains subdued as rising interest rates cause further hesitancy

Rising interest rates, access to finance and concerns around the economy have created uncertainty in the market. Across Aotearoa New Zealand, market activity through spring has been subdued and median prices continue to soften.

13/12/2022

Regional spotlight: Auckland

The City of Sails is also known for its expensive house prices — even after a year of easing prices, its median price continues to surpass $1 million. In November 2022, Auckland’s median house price was $1,065,000, an 18.1% decrease on November 2021.

28/11/2022

Lifestyle market continues to ease

Data released by REINZ shows 89 fewer lifestyle property sales (-6.7%) for the three months ended October 2022 than for the three months ended September 2022.

25/11/2022

Tension in the rural sector

Data released by REINZ shows 97 fewer farm sales (-35.9%) for the three months ended October 2022 than for the three months ended October 2021.

15/11/2022

REINZ October data: Buyer interest increases, but not reflected in market

While October sees an increase in enquiry and open home attendance in some regions, rising interest rates have caused hesitancy amongst buyers across Aotearoa.

12/10/2022

REINZ September data: September shows slight uptick, but usual spring lift subdued

The usual spring lift appears subdued in September, though agents report more first home buyers on the market, and increased attendance at open homes and auctions in some regions.

22/09/2022

Volatality and vulnerability in the rural sector

Data released by REINZ shows there were 126 fewer farm sales (-38.2%) for the three months ended August 2022 than for the three months ended August 2021.

22/09/2022

Lifestyle market reflects resilience

Data released by the Real Estate Institute of New Zealand (REINZ) shows there were 120 fewer lifestyle property sales (-7.7%) for the three months ended August 2022 than for the three months ended July 2022.

13/09/2022

REINZ August data: Market activity slow through August, early sign of spring lift

Typically a slow month, August market activity was further affected by concerns around rising interest rates and inflation.

06/09/2022

Volatility in the lifestyle sector

Data released today by REINZ shows there were 433 fewer lifestyle property sales (-22.4%) for the three months ended December 2021 than for the three months ended November 2021.

06/09/2022

Regional Spotlight: Central Otago Lakes

Central Otago/Lakes has long been a sought-after region for those wanting to relish its world-class mix of beauty and lifestyle.

18/08/2022

Wet winter conditions product variable results

There were 249 farm sales in the three months ended July 2022, compared to 331 farm sales for the three months ended June 2022.

18/08/2022

Winter market remains relatively steady

There were 1,518 lifestyle property sales in the three months ended July 2022, compared to 2,165 lifestyle property sales for the three months ended July 2021.

11/08/2022

Regional spotlight: Northland

In July, Northland’s median price increased 3.6% year-on-year to $725,000. Northland was also the top performing region in terms of year-on-year movement on the REINZ House Price Index (HPI).