Residential Market News
14 Jul 2010
Median Residential Property Price A June Record
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Residential property prices firmed last month to the highest June median ever despite relatively low turnover compared with the past 10 years,
15 Jun 2010
Little Change In Residential Property Market
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Despite pending tax changes and the anticipated rise in the Reserve Bank OCR there was no real reduction in residential property prices or the number of sales in May
14 May 2010
Residential Property Market Holding Steady
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Though median residential property prices and the number of sales were down in April, figures released today by the Real Estate Institute of New Zealand (REINZ) indicate the market is holding steady.
16 Apr 2010
Residential Sales and Prices Rise in March
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Both median residential property prices and the number of sales rose in March according to figures released today by the Real Estate Institute of New Zealand (REINZ) as large increases in listings left buyers spoilt for choice.
24 Mar 2010
On The Crest Of A New Era
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REINZ members have come out strong in support of a new constitution.
12 Mar 2010
Residential Sales Recover But Prices Plateau
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Total residential dwelling sales recovered last month from their lowest level in nearly two decades...
12 Feb 2010
Residential Sales Fall On Back Of Uncertainty
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Total residential dwelling sales plummeted last month to their lowest level in nearly two decades...
18 Jan 2010
House Prices Up Around The Country
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Figures released today by the Real Estate Institute of New Zealand (REINZ) revealed the median residential house price rose in 11 out of 12 districts last month...
14 Dec 2009
Median House Prices Double That Of Year 2000
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Median house prices have more than doubled over the past 10 years, figures released by the Real Estate Institute of New Zealand (REINZ) reveal today
13 Nov 2009
Residential Market Achieves Ten Year High
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Median house prices are at their highest over the past 10 years for the month of October, figures released by the Real Estate Institute of New Zealand (REINZ) reveal today.
14 Oct 2009
Residential Market Revisits 2007
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Figures released today by the Real Estate Institute of New Zealand (REINZ) reveal further positive trends in terms of residential real estate turnover, median sale prices, and time to sell.
14 Sep 2009
Residential Pattern Remains Constant
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According to the latest statistics released by the Real Estate Institute of New Zealand (REINZ) today the residential real estate market continues the steady pattern seen over the past few months.
14 Aug 2009
Residential Market Holds Firm
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The residential real estate market has held firm in the past month with July prices and turnover tracking June figures almost exactly in the latest statistics released by the Real Estate Institute of New Zealand (REINZ) today.
14 Aug 2009
REINZ Monthly Housing Price Index
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The REINZ Monthly Housing Price Index increased by 1.0 percent to 3134.1 in the July month. In the 3 months to July, housing prices increased by 2.2 percent
07 Aug 2009
REINZ Launches Monthly Housing Price Index
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Monthly statistical information collated by the Real Estate Institute of New Zealand (REINZ) will be the basis of the REINZ Monthly Housing Price Index, an important new tool for analysing the housing market to be launched this month.
09 Jul 2009
Residential Market Steady As She Goes
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The seasonal downturn expected in the residential real estate market during the middle winter months has not been as marked as expected....
11 Jun 2009
Consolidation In Residential Market
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There has been a slight fall in the value of properties sold in May across the country, but volumes remain steady as does the length of time required to sell a home.
12 May 2009
Residential Market Shows Signs of Stabilising
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There has been a degree of confidence returned to the residential real estate market as indicated by April sales figures released today by the Real Estate Institute of New Zealand (REINZ).
09 Apr 2009
Residential Real Estate Market Spikes
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March sales figures released today by the Real Estate Institute of New Zealand (REINZ) reveal a spike in terms of sales volume.
11 Mar 2009
Activity Returns to Residential Market
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There has been a marked increase in activity on the residential real estate market, February sales figures released by the Real Estate Institute of New Zealand (REINZ) today reveal.
13 Feb 2009
Sellers Resistant In Slow Residential Market
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The Real Estate Institute of New Zealand (REINZ) has recorded the lowest number of monthly sales since 1992, January sales figures released by REINZ today reveal.
15 Jan 2009
Confidence Slowly Returning to Shaken Residential Market
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December sales figures released by the Real Estate Institute of NZ today confirm what everybody knows....
11 Dec 2008
Residential Real Estate - Steady As She Goes
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Prices are stable in an unsurprisingly slow residential real estate market, November sales figures released by the Real Estate Institute of New Zealand (REINZ) today show.
13 Nov 2008
Residential Property Market Defies Doom and Gloom
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Despite predictions of “doom and gloom” for the Zealand residential real estate market, October sales figures released by the Real Estate Institute of New Zealand (REINZ) today show a rosier picture.
10 Oct 2008
Residential Property Market Steady In September – REINZ
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The world’s financial markets may be in turmoil, but they’re showing little dramatic effect so far on the New Zealand residential real estate market, according to the Real Estate Institute of New Zealand (REINZ).
10 Sep 2008
August Residential Market Slides Again – REINZ
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The July recovery in the New Zealand residential property market proved premature with the latest August figures showing a significant drop in sales and in the national median price, according to the Real Estate Institute of New Zealand (Inc).
12 Aug 2008
Residential Property Market Recovers In July – REINZ
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The New Zealand residential property market staged an unexpected recovery in July – with the notable exception of Auckland, according to the Real Estate Institute of New Zealand (Inc).
11 Jul 2008
Property Market Decline Continues in June - REINZ
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The decline in the residential property market in New Zealand increased in June with Auckland, Wellington and a number of other provinces showing the biggest decreases, according to the Real Estate Institute of New Zealand (Inc).
11 Jun 2008
Property Market Holds Up In May – REINZ
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New Zealand residential property prices are back to where they were a year ago, according to the Real Estate Institute of New Zealand (Inc).
12 May 2008
Residential Property Sales Slump Further– REINZ
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The residential real estate market suffered a further slump in sales in April, although some districts median prices recovered, according to the Real Estate Institute of New Zealand (Inc).
11 Apr 2008
Residential Property Market Falls To The Ides Of March– REINZ
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Sales in the New Zealand residential property market dropped to unprecedented levels in March......
12 Mar 2008
February Residential Property Market On The Edge – REINZ
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The New Zealand residential property market reached a ‘tipping point’ in February with the percentage annual growth rate on the verge of moving into negative figures
13 Feb 2008
January Residential Property Market Favoured Buyers – REINZ
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The New Zealand residential property market became a ‘buyers market’ in January with very low sales and a sharp increase in days to sell figures.
16 Jan 2008
Residential Property Market Affected By Holiday Season – REINZ
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The New Zealand residential property market ended 2007 with a national median sales price of $345,000 in December....
26 Dec 2007
News Release – Annual Real Estate Review
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And The Winner Is – GORE!
11 Dec 2007
Residential Property Market Rebounds In November – REINZ
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The Residential property market rebounded in November after several uncharacteristically quiet months, with higher sales and a new record national median price of $352,000, according to the Real Estate Institute of New Zealand Inc. (REINZ).
09 Nov 2007
Sales Recover While Residential Property Median Treads Water - REINZ
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Residential property sales recovered in October but low volumes continue to distort residential property statistics, according to the Real Estate Institute of New Zealand Inc. (REINZ).
10 Oct 2007
Residential Property Prices Defy The Critics– REINZ
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The New Zealand residential property market ‘defied the critics’ in September with the national median price edging to a new record of $351,500, according to the Real Estate Institute of New Zealand Inc.
11 Sep 2007
Residential Property Prices Rally, But On Thin Sales – REINZ
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Demand triumphed over supply in the New Zealand residential property market in August, resulting in a recovery in the national median selling price, but on continued low sales volumes, according to the Real Estate Institute of New Zealand Inc. (REINZ).
09 Aug 2007
Residential Property Prices Brace Themselves Against The Winter Sales Chill - REINZ
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Residential property prices withstood a big seasonal drop in sales during July with the national median selling price slipping back $2,500 from June, to $345,000 in the latest month, according to the Real Estate Institute of New Zealand Inc. (REINZ).
11 Jul 2007
Residential property market falls back but underlying demand remains
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Contrary to recent reports, the New Zealand residential property market cooled its heels in June, with signs that the market may be in for a period of consolidation...
15 Jun 2007
Residential Property Prices Reach New Milestone, But Market Slowing – REINZ
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Prices in the New Zealand residential property market achieved a new record in May
16 May 2007
Residential Property Prices Continue Their Climb
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Auckland was behind another solid increase in New Zealand residential property prices in April...
19 Apr 2007
Auckland Helps Drive Residential Property Market To New High
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A strong rally in the Auckland property market drove the New Zealand residential property median price to a new record in March...
16 Mar 2007
Residential Property Marget Bounds Ahead In February
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The residential property market bounced back to achieve a new record national median price in February..
19 Feb 2007
Don’t knock rising house prices - REINZ
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The economic benefit of rising residential property prices should not be underestimated or dismissed...
16 Feb 2007
Residential Property Market Opens Year with Strong Sales
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The residential property market started 2007 with much stronger sales but with a customary easing of the national median property price in January
15 Feb 2007
2006 REINZ Annual Review
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Residential Property Prices Double In 10 Years - REINZ
19 Jan 2007
Residential Property Market Continues to Exceed Expectations
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The New Zealand residential property market ended 2006 exceeding expectations...
15 Dec 2006
Auckland and Wellington show the way for residential property market
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Buoyant Auckland and Wellington property prices and a big increase in $1 million-plus property sales were largely responsible for a further rise in the national residential property median price during November
16 Nov 2006
Residential property prices move out of winter comfort zone
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Residential property prices broke out of the relatively narrow band of price movements...
16 Oct 2006
Residential Property Prices Stage Spring Recovery
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The residential property market’s Spring recovery continued in September with the national median price returning to its previous high of $313,000...
15 Sep 2006
Residential Property Market continues to flatten out
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August provided further evidence that the residential property market’s price growth curve is flattening out, according to the Real Estate Institute of New Zealand (Inc).
15 Aug 2006
House Prices Maintain Levelling Trend
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The national median price for residential property In New Zealand continued to level off during July
17 Jul 2006
Auckland rallies to help push up National Residential Median Price
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The national median price for residential property In New Zealand hit a new high of $310,000 in June, according to the Real Estate Institute of New Zealand (Inc).
19 Jun 2006
Residential Property Market proves Resilient in May
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The residential property market proved particularly resilient in May with the number of sales up and the national median selling price steady on $305,000 ...
16 May 2006
April Breaks Affect Sales But Residential Property Prices Still Reach New Record
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An unusually short working month in April dropped national residential property sales figures to a long-time low, but prices held up.
18 Apr 2006
Sales surge pushes residential property prices upwards
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A big jump in residential property sales during March together with a firming of the national median selling price to above the $300,000 level for the first time were features of the March results...
15 Mar 2006
National median property price falls despite strong regional performances
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A $5000 fall in the national median price for residential property to $295,000 belied an otherwise stronger real estate market in February, according to the Real Estate Institute of New Zealand (Inc).
16 Feb 2006
Residential Property market drops into low gear in January
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The residential property market ground through January in low gear but prices mostly held up, according to the Real Estate Institute of New Zealand (Inc).
19 Jan 2006
Residential Property Market Takes Customary Breather in December
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The New Zealand residential property market finished the year on a traditionally quiet note in December
16 Dec 2005
Residential Median House Prices Hit $300,000
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The national median price for residential property hit $300,000 for the first time in November...
18 Nov 2005
Residential House Prices Reach New Record
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Despite a reduction in sales, house prices continued to climb during October, according to the latest Real Estate Institute of New Zealand (Inc) residential real estate figures.
17 Oct 2005
Residential House Prices Pause But Market Confidence Grows
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The national median residential hosue price paused during September.
19 Sep 2005
Property Market Starts Spring Early - REINZ
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The New Zealand residential property market started spring early with a sooner than anticipated burst of activity in August
17 Aug 2005
Mid-Winter Period Affects Residential Property Prices but Sales Rally
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Residential property prices eased in July although sales remained strong, according to the latest Real Estate Institute of New Zealand (Inc) residential real estate figures.
15 Jul 2005
Central Otago Lakes Region New Zealand's Most expensive Real Estate
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The Central Otago Lakes region has achieved the distinction of becoming New Zealand most expensive real estate region, according to the latest Real Estate Institute of New Zealand (Inc) June residential real estate figures.
20 Jun 2005
Residential Property Market Defies the Pundits in May
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The New Zealand residential property market again defied the pundits by rallying in May, a month not normally noted for increased activity and prices.
17 May 2005
Residential Property Market takes its Customary Breather in April.
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The national median selling price was $272,000 which, although a record for April on a year-to-year basis (the April 2004 median was $242,000), was down on the record $280,000 achieved in March.
19 Apr 2005
Higher End Property Sales Drive Residential Median
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A switch to higher end market residential property sales saw the residential property median price rise by more than $10,000 nationally during March.
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