How the property market performed during lockdown

Read on for our latest update on the New Zealand property market. As was widely expected, REINZ’s April 2020 data show an unprecedented decrease in the number of properties sold across the country during lockdown: down 78.5 per cent from April 2019 (and down 82.4 per cent excluding Auckland). But so far, house prices have held up….

Property market showing “some signs of recovery”

Here’s how the market performed under Alert Level 3 and Level 2, according to REINZ’s latest residential data. As widely anticipated, the property market continued to feel the impact of Covid-19 restrictions in May, but not without some signs of recovery. Here’s how the market performed under Alert Level 3 and Level 2, according to REINZ’s…