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REINZ

Restrictions had little impact on property prices in September

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COVID-19 restrictions had little impact on property prices in September The Real Estate Institute of New Zealand (REINZ) recently released their property market report for the month of September 2021. The data continues to reflect a tight market in which demand is still strong, amidst a pick-up in activity in those areas where lockdown restrictions … Read more

Wellington property market rebounds in June

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house in background with three piles of coins in the front.

Earlier this week the REINZ released residential property statistics for June, revealing a 9.2% increase in the national median house price from the level prevailing in June 2019. The national median house price was $639,000, compared to $620,000 in May and $585,000 in June 2019. The Wellington region recorded a 10.5% increase in the median … Read more