Trends we are noticing are:

• Buyers and sellers showing confidence through increased sales activity
• National median days to sell are continuing to reduce

The Real Estate Institute of New Zealand’s (REINZ) year-on-year figures for this month show more sales activity, …

Trends we are noticing are:

• Overall decrease in median days to sell.
• Strong demand for entry-level property.

“We’ve seen steady activity this month with increased sales counts both compared to August 2022 and July 2023. The lift in market activity …

Trends we are noticing are:

• Sales counts in many parts of the country are increasing.
• Strong demand from buyers out ahead of this year’s election.

REINZ Chief Executive Jen Baird says July tends to be a slower month for the …

Trends we are noticing are:

• Notable increase in sales compared to June 2022
• First home buyer activity increasing

“Compared to June 2022, this month has shown a notable increase in sales. The total number of properties sold across New Zealand …

Trends we are noticing are:

• First home buyers are returning to the market
• Motivated sellers are meeting the market

“Easing of loan-to-value restrictions, commentary around peak inflation and a renewed confidence is seeing more first home buyers seek out opportunities”…

Trends we are noticing are:

• Buyers are returning to the market
• Motivated sellers are meeting the market

“Salespeople across the country are reporting glimpses of green shoots in the market this month as first home buyers show more interest after …

Trends we are noticing are:

• Owner occupiers are using this market to buy and sell simultaneously
• Motivated sellers are meeting the market

“Across Timaru, Ashburton, and Christchurch owner occupiers were most active. Attendance at open homes picked up for properties …

Trends we are noticing are:

• Sellers meeting the market
• Buyers are taking more time
• Properties on the market for longer

“Even though new listings are down as communities respond to the weather and the anticipation of economic adjustments ahead, inventory …

Trends we are noticing are:

• More owner occupiers than investors
• Properties are staying on the market for longer
• More negotiation happening

“January 2023 figures show house prices have declined but at a slower rate than seen previously.”

“High interest rates, …