NZ house sales rise 2.6% in January, median price dips from December

Wed, 11 Feb 2015

Feb. 11 (BusinessDesk) - New Zealand residential property sales rose in January from the same month last year, while data confirmed house prices in Auckland continue to gallop ahead of the rest of the country. The number of sales rose 2.6 percent in January from a year earlier to 4,841, although they dropped about 32 percent from December, reflecting the typical summer slowdown, the Real Estate Institute said. The median price was $426,000, up $24,000 from January last year but down by $24,000 from December. In Auckland, the volume of sa...

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