PHOTO: REINZ
The Monthly Property Report by the Real Estate Institute of New Zealand (REINZ) offers an unparalleled level of detail and comprehension of housing trends in the country. Despite June typically being a slower month for the property market, the figures for June 2023 indicate a notable surge in sales counts across many regions. Additionally, certain buyers are displaying heightened activity. Nevertheless, some buyers and sellers remain cautious and are choosing to hold off, contributing to a decreased number of properties available for sale compared to the same period last year.
READ THE FULL REPORT HERE: REINZ Monthly Property Report_June 2023