Mild winter spurred more August house sales, REINZ says

Wed, 12 Sep 2018

By Paul McBeth Sept. 13 (BusinessDesk) - New Zealand house sales were spurred by a mild winter chill in August across most of the nation, the Real Estate Institute says. The number of houses sold rose to 6,216 in August. 3.1 percent more than a year earlier, as increased turnover in the provinces made up for fewer deals in Auckland and Wellington. Southland led gains with 182 sales, up 24 percent from a year earlier, while Taranaki house sales rose 23 percent to 185. Auckland sales slipped 2.4 percent to 1,792, or 29 percent of national...

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