Latest REINZ data for April released

This is the most up to date statistical information as it is for all sales that went unconditional during April. The number of residential properties sold in April across New Zealand was the highest for an April month in 5 years with 7,218 properties sold.Median prices for residential property across New Zealand increased by 19.1% from $680,000 in April 2020 to $810,000 in April 2021, albeit down from last month’s record. Additionally, 9 out of 16 regions reached record median prices and so did 21 districts – well down on 32 districts last month.Median house prices for New Zealand excluding Auckland increased by 33.5% from $517,000 in April last year to $690,000, a new record high for New Zealand excluding Auckland. Auckland’s median house price increased by 21.6% from $925,000 in April 2020 to $1,125,000 in April 2021 – a new record for Auckland. Additionally, Manukau City reached a new record median high of $1,070,000 and Franklin District reached a new record median price of $838,000.In addition to Auckland, 8 other regions reached record median prices.

Now ask yourself this……….does Labour have a clue what they are doing? It’s almost as if they want prices to keep rising!

May be an image of map and text that says "ANNUAL MEDIAN PRICE CHANGES NORTHLAND $670,000 48.9% BAY PLENTY $800,000 27.0% NATIONAL MEDIAN PRICE UP 19.1% $810,000 AUCKLAND $1,125,000 21.6% WAIKATO $730,000 37.7% GISBORNE $690,000 ↑72.5% MEDIAN DAYS o SELL 29 TARANAKI $540,000 42.1% MANAWATU /WANGANUI $580,000 46.8% TASMAN $767,500 16.9% NELSON $743,000 5.1% WESTCO COAST $275,000 27.9% HAWKE'S BAY $770,500 17.6% WELLINGTON $870,000 19.2% MARLBOROUGH $672,000 46.1% SOUTHLAND $402,000 30.9% CANTERBURY ↑22.0% OTAGO $710,000 58.8% REINZMonthlyPropertyR R RECORD INCREASED RICES DECREASED REINZ"
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