REINZ - Latest News [Page 7]
Auckland Median House Price Hits $1m Mark In October; 9 Other Regions & 28 Districts Hit Record Median Prices
Friday, 13 November 2020, 6:39 am | REINZ
Median house prices across New Zealand increased by 19.8% from $605,000 in October 2019 to a new record median high of $725,000 in October 2020; and up from $689,000 in September this year (a 5.2% lift) according to the latest data from the Real Estate ... More >>
REINZ & Tony Alexander Survey: Strong Market Continues
Thursday, 5 November 2020, 8:33 am | REINZ
Conditions remain very strong in the residential real estate market all around the country, with all measures of demand and price pressure in our survey rising over the month – as most did also in early-October. A net 47% of the 381 agents completing ... More >>
The Upward Surge Continues
Wednesday, 21 October 2020, 6:20 am | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 300 more lifestyle property sales (+11.9%) for the three months ended September 2020 than for the three months ended August 2020. Overall, there were 2,812 lifestyle ... More >>
Rural NZ Remains Resilient
Wednesday, 21 October 2020, 6:19 am | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 131 more farm sales (+48.5%) for the three months ended September 2020 than for the three months ended September 2019. Overall, there were 401 farm sales in ... More >>
Will 2020 Post-election Period See The Usual Effect On Housing, Or Will It Be Another Anomaly?
Tuesday, 20 October 2020, 2:53 pm | REINZ
REINZ: Will 2020 post-election period see the usual effect on housing, or will it be another anomaly? For the last four elections in a row, the number of residential properties sold in the three-month period after the election has increased when compared ... More >>
REINZ Welcomes National’s Announcement To Repeal 90-day No Cause Evictions
Tuesday, 6 October 2020, 10:27 am | REINZ
The Real Estate Institute of New Zealand (REINZ) has today welcomed National’s housing policy announcement that if it is elected it will repeal the 90-day no cause eviction notice as recently introduced by the changes to the Residential Tenancies ... More >>
REINZ Welcomes Announcement To Review Unit Titles Act
Saturday, 3 October 2020, 6:33 am | REINZ
The Real Estate Institute of New Zealand (REINZ) has today welcomed Labour’s announcement that if it is re-elected it will review and amend the Unit Titles Act as it will provide greater transparency for consumers when buying apartments or townhouses run ... More >>
REINZ Welcomes Labour’s Announcement Around Property Management Code Of Conduct
Friday, 2 October 2020, 5:30 pm | REINZ
The Real Estate Institute of New Zealand (REINZ) has today welcomed Labour’s announcement that if it is re-elected it will introduce a code of conduct to ensure property management services meet professional standards. Bindi Norwell, Chief Executive at REINZ says: ... More >>
Southland Highest Performing Region For Residential Investors, Says REINZ
Friday, 25 September 2020, 10:16 am | REINZ
The Southland region has remained the strongest performing region overall for residential property investors with the second highest capital gains in the country and second highest yield, according to the latest edition of the Capital Gains and Rental Yields ... More >>
REINZ Launches New First-time Renters Guide
Wednesday, 23 September 2020, 1:23 pm | REINZ
The Real Estate Institute of New Zealand (REINZ) has today announced the launch of a new guide for first-time renters to try and help reduce the number of cases that end up in the Tenancy Tribunal for issues that could be resolved earlier. Bindi ... More >>
Record Lifestyle Results Continue
Thursday, 17 September 2020, 6:38 am | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 556 more lifestyle property sales (+28.4%) for the three months ended August 2020 than for the three months ended July 2020. Overall, there were 2,512 lifestyle ... More >>
Rural Market Poised For Spring
Thursday, 17 September 2020, 6:36 am | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 121 more farm sales (+45.7%) for the three months ended August 2020 than for the three months ended August 2019. Overall, there were 386 farm sales in the three ... More >>
REINZ Announces Appointment Of New Education Director
Monday, 7 September 2020, 6:26 pm | REINZ
The Real Estate Institute of New Zealand (REINZ) has today announced the appointment of Belinda Woolrych as the new Education Director. Belinda forms part of REINZ’s Senior Leadership Team and will report directly to the Chief Executive. Belinda Woolrych ... More >>
Gisborne House Prices Selling For 71% Higher Than CV – Highest In NZ
Saturday, 5 September 2020, 5:53 am | REINZ
The Gisborne region has seen residential properties selling on average for 71% higher than current CVs, the highest in the country, according to the latest analysis from Real Estate Institute of New Zealand (REINZ). This is followed by Southland, where ... More >>
Three Months Until Healthy Homes Compliance Statement Deadline
Tuesday, 1 September 2020, 6:59 pm | REINZ
The Real Estate Institute of New Zealand (REINZ) is today reminding property managers and landlords that the Healthy Homes Compliance Statement deadline is just three months away for any new or renewed tenancies, coming into effect on 1 December 2020. ... More >>
COVID Sees Lifestyle Property Sales Increase To Record High
Friday, 28 August 2020, 4:32 pm | REINZ
The number of lifestyle properties sold across the country was the highest ever for the month of July as people look to reassess their living situations as a result of COVID-19 according to the latest data from the Real Estate Institute of New Zealand ... More >>
What COVID? Auckland’s Sales Volumes Surpass 2019’s & Rest Of NZ Quickly Catching Up, Says REINZ
Thursday, 27 August 2020, 5:19 pm | REINZ
When the country first went into lockdown back in March there were concerns that there would be a significant impact on the number of properties sold. However, new analysis from Real Estate Institute of New Zealand (REINZ) shows that Auckland has ... More >>
REINZ Welcomes Announcement Of Extended Mortgage ‘Holiday’
Tuesday, 18 August 2020, 5:07 am | REINZ
The Real Estate Institute of New Zealand (REINZ) has today welcomed the announcement from The Reserve Bank of New Zealand and the New Zealand Bankers’ Association that the home loan deferral scheme has been extended for an additional 6 months, until ... More >>
REINZ July Data: Property Market Continues Defying Expectations With Sales Volumes And Prices Up
Saturday, 15 August 2020, 9:40 am | REINZ
The number of residential properties sold in July across New Zealand increased by 24.6% from the same time last year (from 6,303 to 7,854) – the highest number of properties sold in a July month for 5 years, according to the latest data from the ... More >>
REINZ Data Reveals Kohimarama Is Leading Auckland’s Eastern Suburbs Post-COVID Housing Revival
Tuesday, 11 August 2020, 5:15 am | REINZ
Auckland’s Eastern Suburbs – prized for their million-dollar homes, views of the Waitemata, leafy suburbs, good school zones and easy access to the CBD – saw prices flatten off after the market peaked in March 2017. However, new data from ... More >>