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REINZ - Latest News [Page 2]
Golden Weather Sees Confidence Lift
Wednesday, 14 February 2024, 9:20 am | REINZ
According to the Real Estate Institute of New Zealand (REINZ), January 2024 has seen slower sales and a significant increase in the number of property listings available. This shows confidence from sellers while warming up buyers with a greater choice ... More >>
Clear Signs Of Momentum Building In The Market
Thursday, 18 January 2024, 9:14 am | REINZ
The Real Estate Institute of New Zealand’s (REINZ) December 2023 figures show a notable increase in sales activity, median prices lifting, lower days to sell, and a clear sense of more confidence overall (year-on-year). REINZ Chief Executive ... More >>
REINZ October Data: More Positivity, Slow And Steady This Month
Thursday, 16 November 2023, 9:51 am | REINZ
The Real Estate Institute of New Zealand’s (REINZ) November 2023 figures show more sales activity, more listings coming to market, lower days to sell and a sense of more confidence overall (year-on-year). REINZ Chief Executive Jen Baird says October ... More >>
Sales Counts Up As We Count Down To The Election
Thursday, 12 October 2023, 9:39 am | REINZ
The Real Estate Institute of New Zealand’s (REINZ) September 2023 figures show more activity in the spring property market with prices stabilising, sales counts rising and properties selling in fewer days. REINZ Chief Executive Jen Baird says ... More >>
Holidays Add To Market Slow-Down in April, But Green Shoots Begin To Emerge
Thursday, 11 May 2023, 11:53 am | REINZ
Today, REINZ has released its Monthly Property Report and HPI Monthly Data which provides a market-leading level of detail and understanding of housing activity in New Zealand. Across New Zealand, the median price for residential property (excluding ... More >>
REINZ February Data: Activity Remains Slow, Housing Stock Levels Return To Regular Levels
Tuesday, 14 March 2023, 12:42 pm | REINZ
The Real Estate Institute of New Zealand’s (REINZ) February 2023 figures show a lesser rate of decline in annual median prices and sales counts, with stock levels returning to normal levels. REINZ Chief Executive Jen Baird, says the impact of ongoing ... More >>
RBNZ Announces Another Increase To The OCR
Wednesday, 22 February 2023, 2:54 pm | REINZ
Jen Baird, Chief Executive at REINZ says: “The Reserve Bank’s announcement today of another increase to the OCR will impact both buyers’ and sellers' decisions to enter the market. Rising interest rates directly impact affordability and we have ... More >>
Real Estate Institute Of New Zealand (REINZ) January Data: Year Starts Slowly But More Activity Being Reported
Tuesday, 14 February 2023, 11:12 am | REINZ
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. REINZ Chief Executive, Jen Baird says prices continue to ease but the pace of the decline is steadying, ... More >>
REINZ December Data: Activity Remains Subdued, Price Falls Begin To Stabilise
Wednesday, 18 January 2023, 9:16 am | REINZ
The Real Estate Institute of New Zealand’s (REINZ) December 2022 figures show house prices are still declining, with properties taking longer to sell across New Zealand. REINZ Chief Executive, Jen Baird says prices continue to ease but the pace ... More >>
Tension In The Rural Sector
Thursday, 24 November 2022, 10:58 am | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows 97 fewer farm sales (-35.9%) for the three months ended October 2022 than for the three months ended October 2021. Overall, there were 173 farm sales in the three months ... More >>
Lifestyle Market Continues To Ease
Thursday, 24 November 2022, 10:56 am | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows 89 fewer lifestyle property sales (-6.7%) for the three months ended October 2022 than for the three months ended September 2022. Overall, there were 1,242 lifestyle property ... More >>
RBNZ Increases OCR By Record-breaking 75 Basis Points
Wednesday, 23 November 2022, 3:22 pm | REINZ
On 23 November 2022, the Reserve Bank of New Zealand announced a further increase to the Official Cash Rate (OCR) by a record-breaking 75 basis points — to 4.25%. This is the Reserve Bank’s ninth consecutive increase to tighten monetary conditions ... More >>
REINZ Supports Government’s Rental Sector Reform — Particularly Regulation Of Property Managers
Tuesday, 22 November 2022, 3:21 pm | REINZ
The Real Estate Institute of New Zealand (REINZ) supports the Government’s announcement today on rental sector reform including the introduction of a Bill to regulate the property management sector, a public consultation to clarify the acceptable maximum ... More >>
REINZ Supports Build-to-Rent Exemption From Interest Limitation Rules — But Calls For Further Clarification
Tuesday, 8 November 2022, 2:17 pm | REINZ
The Real Estate Institute of New Zealand (REINZ) supports the Government’s announcement of a new exemption from the interest limitation rules for qualifying Build-to-Rent assets. However, further clarity is required — particularly around qualification— ... More >>
REINZ September Data: September Shows Slight Uptick, But Usual Spring Lift Subdued
Wednesday, 12 October 2022, 8:59 am | REINZ
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. While the median property price shows a slight increase nationally, ... More >>
Reserve Bank Of New Zealand Increases OCR To 3.5%
Wednesday, 5 October 2022, 2:18 pm | REINZ
Jen Baird, Chief Executive at REINZ says: “The Reserve Bank’s announcement today of a 50 basis points increase to the OCR is the eighth increase in a row, taking the OCR to 3.5%. “With unemployment still low and inflation ... More >>
Lifestyle Market Reflects Resilience
Wednesday, 21 September 2022, 5:36 pm | REINZ
Data released today 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. Overall, there were 1,439lifestyle ... More >>
Volatility And Vulnerability In The Rural Sector
Wednesday, 21 September 2022, 5:34 pm | REINZ
Data released today by the Real Estate Institute of New Zealand (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. Overall, there were 204 farm sales in the three ... More >>
REINZ | Supporting The Improvement Of The New Zealand Rental Market
Thursday, 28 July 2022, 3:51 pm | REINZ
Real Estate Institute of New Zealand (REINZ) strongly supports a rental market where the interests of renters and landlords are protected. Commenting on recent activity in Wellington, Jo Rae, Head of Property Management at REINZ, says: “REINZ actively ... More >>
Initial Changes To CCCFA Lending Rules Effective Today
Thursday, 7 July 2022, 11:02 am | REINZ
Jen Baird, Chief Executive at REINZ, says: “REINZ welcomes the Government’s new guidance in the Responsible Lending Code and tweaks to the Credit Contracts and Consumer Finance Regulations 2004 — now in force. The latest amendments address ... More >>
