NZ house sales and turnover hit records in March, REINZ says

Tue, 12 Apr 2016

By Sophie Boot April 12 (BusinessDesk) - New Zealand house sale prices broke records across the country in March as Auckland's strength and the halo effect on surrounding regions continued to improve. The median national sale price increased 4.2 percent to $495,000 in March from a year earlier, while the number of properties sold was up 8.2 percent at 9,527, the highest number of sales in March since 2007, according to the Real Estate Institute of New Zealand. "Right across the country regional markets have been strong with a large nu...

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