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Strong start to spring in Sep real estate market

From voxy.co.nz

REINZ, the most up to date source of real estate data in New Zealand, announced today that there were 6,720 dwelling sales in the month of September, up 18.9% on September last year and up 2.6% compared to August. The national median price increased $10,000 compared to August to $400,000, and is now equal to the record median set in March 2013. Real Estate Institute of New Zealand (REINZ) Chief Executive Helen O’Sullivan says, "Real estate sales volumes have been strong in the lead up to the introduction of LVR restrictions by the Reserve Bank, with sales up over 19% compared to September last year." "Sales ... (full story)

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