REINZ - Latest News [Page 4]
Reserve Bank Announces Double Rate Increase To OCR
Wednesday, 13 April 2022, 5:25 pm | REINZ
Jen Baird, Chief Executive at REINZ says: “It was inevitable that the OCR would be increased again — however, the lift by 50 basis points from 1% to 1.5% this afternoon may have caught some off guard. “We’re coming out of an extended period ... More >>
Property Prices Rise Faster Than Rent Prices In Second Half Of 2021, Says REINZ
Thursday, 10 March 2022, 1:14 pm | REINZ
Gisborne was the strongest performer for residential investors, with the highest annual increase in rental price and the only region to see an increase in rental yield year on year, according to the latest edition of the Capital Gains and Rental ... More >>
REINZ January Data: Sales Activity Down In January, Price Growth Eases
Tuesday, 15 February 2022, 9:09 am | REINZ
While January figures usually reflect the holiday slow down, the data suggest compounding factors are influencing a decrease in sales activity and easing of price growth nationwide, according to the latest data and insights from the Real Estate Institute of New Zealand ... More >>
REINZ & Tony Alexander Real Estate Survey: Buyers’ Market Now In Place
Wednesday, 2 February 2022, 9:09 am | REINZ
The Government’s Credit Contracts and Consumer Finance Act (CCCFA) changes have had a substantial impact on the residential real estate market, especially for first home buyers. Whereas it was the 23 March announcement on tax changes that encouraged ... More >>
Million-dollar-plus Property Sales Increase Across New Zealand In 2021
Thursday, 27 January 2022, 11:48 am | REINZ
2021 shows a sharp increase in the percentage of million-dollar property sales across New Zealand, according to the Real Estate Institute of New Zealand's (REINZ) Million Dollar Price Report . In 2021, the number of properties sold nationwide for $1 million ... More >>
A Healthy Close To 2021
Tuesday, 25 January 2022, 3:32 pm | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 256 fewer farm sales (-46.6%) for the three months ended December 2021 than for the three months ended December 2020. Overall, there were 293 farm sales in the ... More >>
Volatility In The Lifestyle Sector
Tuesday, 25 January 2022, 3:31 pm | REINZ
Data released today by the Real Estate Institute of New Zealand (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. Overall, there were 1,503 lifestyle ... More >>
REINZ December Data: Property Market Closes On A High After Strong Year
Tuesday, 18 January 2022, 9:27 am | REINZ
REINZ December sales data rounds off a strong year in the New Zealand property market, with prices and activity holding strong and steady. However, commentary from agents across the country suggest market headwinds are gathering strength, according to ... More >>
REINZ November Data: Prices Continue To Rise — Growth Rate Shows Signs Of Easing
Monday, 13 December 2021, 9:05 am | REINZ
Property prices climbed further in November, early signals suggest price growth will continue though more moderately, according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate ... More >>
REINZ Welcomes Amendments To Healthy Homes Standards
Tuesday, 7 December 2021, 12:00 pm | REINZ
The Real Estate Institute of New Zealand (REINZ) welcomes recently announced changes to the Healthy Homes Standards, which see amendments to the heating formula and ventilation standard. REINZ provided feedback to the Ministry of Housing and Urban Development ... More >>
Sales Volumes Leveling Out
Monday, 22 November 2021, 12:09 pm | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 44 fewer lifestyle property sales (-2.6%) for the three months ended October 2021 than for the three months ended September 2021. Overall, there were 1,645 lifestyle ... More >>
The Market Is Ready To Spring
Monday, 22 November 2021, 12:08 pm | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 114 fewer farm sales (-31.1%) for the three months ended October 2021 than for the three months ended October 2020. Overall, there were 253 farm sales in the three ... More >>
REINZ October Data: Spring Is Here, Market Bounces Back From Lockdown
Thursday, 11 November 2021, 8:57 am | REINZ
Property market rebounds in October following a September dip as activity increases and prices remain strong, according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data ... More >>
Volatility Continues
Tuesday, 19 October 2021, 5:43 pm | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 185 fewer lifestyle property sales (-10.1%) for the three months ended September 2021 than for the three months ended August 2021. Overall, there were 1,650lifestyle ... More >>
Volatility Prevails
Tuesday, 19 October 2021, 5:42 pm | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 100 fewer farm sales (-27.5%) for the three months ended September 2021 than for the three months ended September 2020. Overall, there were 264 farm sales in ... More >>
REINZ September Data: Lockdown Curtails Auckland Activity, The Rest Of New Zealand Begins To See Spring Lift
Thursday, 14 October 2021, 9:26 am | REINZ
Median prices for residential property across New Zealand increased by 15.4% to $795,000 in September 2021 compared to $689,000 in September 2020, according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the ... More >>
REINZ & Tony Alexander Real Estate Survey: Market Remains Strong
Wednesday, 6 October 2021, 9:34 am | REINZ
This month’s survey was sent out on September 30 and reveals FOMO remaining at the higher level registered just after the nationwide lockdown on 18 August. The responses from 357 real estate agents across New Zealand, show an increased proportion ... More >>
Volumes ease – prices firm
Monday, 20 September 2021, 2:46 pm | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 290 fewer lifestyle property sales (-13.8%) for the three months ended August 2021 than for the three months ended July 2021. Overall, there were 1,809 lifestyle ... More >>
Winter closes quietly – stronger spring anticipated
Monday, 20 September 2021, 2:44 pm | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were -51 less farm sales (-14.3%) for the three months ended August 2021 than for the three months ended August 2020. Overall, there were 306 farm sales in the three ... More >>
Winter Chills Temper The Lifestyle Market
Wednesday, 18 August 2021, 4:52 pm | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 179 fewer lifestyle property sales (-7.9%) for the three months ended July 2021 than for the three months ended June 2021. Overall, there were 2,089lifestyle property ... More >>