{"id":42931,"date":"2023-05-11T09:40:56","date_gmt":"2023-05-10T21:40:56","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=42931"},"modified":"2024-03-01T20:39:36","modified_gmt":"2024-03-01T07:39:36","slug":"new-zealand-reinz-april-2023-monthly-property-report","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/new-zealand-reinz-april-2023-monthly-property-report\/","title":{"rendered":"New Zealand &#8211; REINZ April 2023 Monthly Property Report"},"content":{"rendered":"<p><strong>PHOTO: REINZ<\/strong><\/p>\n<p style=\"font-weight: 400;\">Today, New Zealand&#8217;s REINZ has released its Monthly Property Report and HPI Monthly Data which provides a market-leading level of detail and understanding of housing activity in <a href=\"https:\/\/propertynoise.co.nz\/au\/?s=New+Zealand&amp;submit=Search\">New Zealand<\/a>. Across New Zealand, the median price for residential property (excluding sections) decreased 10.9% annually to $780,000 in April 2023.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-42932\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image004-1-212x300.jpg\" alt=\"\" width=\"212\" height=\"300\" srcset=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image004-1-212x300.jpg 212w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image004-1-724x1024.jpg 724w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image004-1-768x1086.jpg 768w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image004-1-1086x1536.jpg 1086w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image004-1-1448x2048.jpg 1448w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image004-1-389x550.jpg 389w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image004-1-353x500.jpg 353w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image004-1-scaled.jpg 1810w\" sizes=\"(max-width: 212px) 100vw, 212px\" \/><\/p>\n<p style=\"font-weight: 400;\">REINZ Chief Executive Jen Baird says April tends to be slow due to public and school holidays, and it\u2019s clear those factors combined with a tight economy are still influencing the market.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/new-zealands-housing-market-crash-could-spell-disaster-for-australia-watch\/\"><img decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/03\/NZ-crash-460x270.jpg\" alt=\"New Zealand's Housing Market Crash Could Spell Disaster for Australia\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/03\/NZ-crash-460x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/new-zealands-housing-market-crash-could-spell-disaster-for-australia-watch\/\" rel=\"bookmark\">New Zealand\u2019s Housing Market Crash Could Spell Disaster for Australia | WATCH<\/a><\/h2>\n<\/header>\n<\/div>\n<p style=\"font-weight: 400;\">\u201cOverall, median prices have decreased across New Zealand but are moderating, sales counts have eased annually, and inventory levels have stabilised,\u201d adds Baird.<\/p>\n<p style=\"font-weight: 400;\"><strong>The full data sets are available by clicking the links below.\u00a0<\/strong><\/p>\n<p style=\"font-weight: 400;\"><strong><a href=\"https:\/\/www.reinz.co.nz\/Web\/Web\/News\/News-Articles\/Market-updates\/reinz_april_data_2023.aspx?name=reinz_april_data_2023\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.reinz.co.nz\/Web\/Web\/News\/News-Articles\/Market-updates\/reinz_april_data_2023.aspx?name%3Dreinz_april_data_2023&amp;source=gmail&amp;ust=1683840826344000&amp;usg=AOvVaw23uNqFKOET--KwmfRz20iG\">CLICK HERE for the April press release<\/a><\/strong><\/p>\n<p style=\"font-weight: 400;\"><strong><a href=\"https:\/\/www.reinz.co.nz\/libraryviewer?ResourceID=554\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.reinz.co.nz\/libraryviewer?ResourceID%3D554&amp;source=gmail&amp;ust=1683840826344000&amp;usg=AOvVaw0Ide8eJCw69UFLvILnNatU\">CLICK HERE for the full property report<\/a><\/strong><\/p>\n<p style=\"font-weight: 400;\"><strong><a href=\"https:\/\/www.reinz.co.nz\/libraryviewer?ResourceID=555\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.reinz.co.nz\/libraryviewer?ResourceID%3D555&amp;source=gmail&amp;ust=1683840826344000&amp;usg=AOvVaw0jVEtMUHBnkR_yCK_USaRv\">CLICK HERE for the HPI report<\/a><\/strong><\/p>\n<p style=\"font-weight: 400;\">The number one advantage between REINZ data and other housing data on the market is that REINZ has access to sales data from the time the price is locked in (unconditional data) as opposed to when the house changes hands (settlement date) which can often be weeks or months later. Therefore, REINZ data is the best and most timely measure of recent housing market activity.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-42933 lazyload\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image003-1-212x300.jpg\" alt=\"\" width=\"212\" height=\"300\" data-srcset=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image003-1-212x300.jpg 212w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image003-1-724x1024.jpg 724w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image003-1-768x1086.jpg 768w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image003-1-1086x1536.jpg 1086w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image003-1-1448x2048.jpg 1448w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image003-1-389x550.jpg 389w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image003-1-353x500.jpg 353w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/05\/image003-1-scaled.jpg 1810w\" data-sizes=\"(max-width: 212px) 100vw, 212px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 212px; --smush-placeholder-aspect-ratio: 212\/300;\" \/><\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR<\/span><\/h3>\n<ul class=\"wpp-list\">\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/the-ancient-stone-city-proof-of-nz-civilisation-before-kupe\/\" target=\"_self\" rel=\"noopener\">THE ANCIENT STONE CITY: Proof of NZ civilisation before Kupe<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/real-estate-brands-battle-it-out-over-salesperson\/\" target=\"_self\" rel=\"noopener\">Real Estate brands 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rel=\"noopener\">New Zealand real estate agents abandon sinking housing market<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: REINZ Today, New Zealand&#8217;s REINZ has released its Monthly<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/new-zealand-reinz-april-2023-monthly-property-report\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":42932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098519,478125294,478115594,478112060,478106988,478098579,478098510,478098511,478098533,478098509,478104016,478117422,478125295,478099324,478125296],"class_list":["entry","author-data123nz","post-42931","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-home-ownership","tag-monthly-property-report","tag-new-zealand-real-estate-market","tag-nz-house-sales","tag-nz-property","tag-property-market","tag-property-news","tag-real-estate","tag-real-estate-agent","tag-real-estate-news","tag-reinz","tag-reinz-chief-executive","tag-reinz-monthly-property-report","tag-residential-property","tag-residential-property-sales"],"yoast_head":"<!-- This site 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