PHOTO: REINZ Chief Executive Jen Baird
The Real Estate Institute of New Zealand (REINZ) released its latest data today, which shows signs of increased confidence, optimism and activity compared to the previous year. REINZ Chief Executive Jen Baird said August provided a sense of confidence and positivity to the property market.
The complete data sets are available by clicking the links below:
CLICK HERE for the August press release
CLICK HERE for the property report
CLICK HERE to view other reports on our website
The number one advantage of REINZ data over other housing data on the market is that REINZ has access to sales data from the time the price is locked in (unconditional data) as opposed to when the house changes hands (settlement date), which can often be weeks or months later. Therefore, REINZ data is the best and most timely measure of recent housing market activity.