Sales volumes see seasonal drop in January as Auckland & national median house prices rise year-on-year.
New Zealand’s national median house price has reached a new record high, passing the $500,000 mark for the first time to hit $506,000, according to the latest figures released in June by REINZ. Sales of homes over $1m showed the biggest increase in volume.
Regional markets across New Zealand are showing significant declines in the number of days to sell and levels of properties for sale.
Strong November puts bounce back in Spring.