New Zealand August home prices, sales activity, up

Real Estate Institute of New Zealand (REINZ) August data:

• NZ median house prices +2% m/m (SA)
• NZ median house prices +16.3% y/y
• Home sales +24.8% y/y

Bindi Norwell, Chief Executive at REINZ:

• "The housing market's recovery post-lockdown over the last few months has been astonishing and has certainly surpassed many predictions."