Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "REINZ"


2 mentions found


Residential houses can be seen along a road in a suburb of Auckland in New Zealand, June 24, 2017. REUTERS/David Gray/File Photo Acquire Licensing RightsWELLINGTON, Nov 16 (Reuters) - New Zealand house prices fell slightly in October but sales activity is showing a steady improvement on 2022, the Real Estate Institute of New Zealand (REINZ) said on Thursday. Seasonally adjusted median house prices fell 0.9% in October compared with September, and were down 2.8% from a year earlier, REINZ data showed. Seasonally adjusted national home sales volumes fell 10.7% from September but were up 4.0% from October 2022. “Many vendors and buyers are showing confidence that it’s a better time to sell now and a good time to buy,” she said.
Persons: David Gray, Jen Baird, , Lucy Craymer, Chris Reese Organizations: REUTERS, Rights, Real Estate Institute, New Zealand, REINZ, Thomson Locations: Auckland, New Zealand
New Zealand house prices down 7.5% on year -REINZ
  + stars: | 2022-11-14 | by ( ) www.reuters.com   time to read: 1 min
WELLINGTON, Nov 15 (Reuters) - New Zealand house prices rose slightly in October on the prior month but buyers remain hesitant as mortgage interest rates continue to rise, the Real Estate Institute of New Zealand (REINZ) said on Tuesday. Seasonally adjusted median house values rose 0.7% in October compared with the previous month, but were down 7.5% on October 2021, according to REINZ. "Several compounding factors have created uncertainty and hesitancy in the market where there was confidence and urgency last year," said Jen Baird, chief executive at REINZ. Reporting by Lucy Craymer; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Total: 2