Real Estate Institute of New Zealand (REINZ) data for August 2019

NZ median house price +5.4% m/m

  • +0.6% y/y

House sales -6.1% y/y

REINZ House Price Index (HPI) + 2.9% y/y to a new record high.

Days to sell a property nationally increased by 2 days from 37 to 39 when compared to August last year

  • this was down 1 day on last month's figure of 40 days