Top Tweets for #REINZdata
#Wellington had the second highest annual growth rate in house price values with a 42.8% increase, followed by #BayofPlenty with a 35.0% annual increase. Both regions saw the largest increase in annual house price values since records began #REINZdata #REINZHPI
Jen Baird, REINZ Chief Executive says: “Reports from agents around the country are that there are still good numbers of attendees at #auctions and #openhomes; and that both first time buyers and investors are still relatively active in the market.” #REINZdata #housingstats
“House price rises have continued to defy expectations with every region in the country seeing an uplift in median house prices when compared to the same time last year,” says Jen Baird, #REINZCEO #REINZdata #housingstats
In April, #Gisborne/#HawkesBay again had the highest annual growth rate in house price values with a 37.0% increase to a new record index level of 4,301. This was the largest annual percentage increase in house values for the region since records began #REINZdata #REINZHPI
#Auckland house price values increased 22.7% year-on-year to 3,749 meaning house values in the City of Sails have increased by more than 270% since 2003 when the index base level was set #REINZdata #housingstats #REINZHPI
“As important as it is to be ready to move quickly, it’s important that people take time to do their homework before rushing in to purchase a property,” cautions @Bindinorwell #REINZCEO #REINZdata #housingstats #daystosell
“Given the price rises we’ve seen over the past few months, we wouldn’t be surprised if the Reserve Bank goes ahead with its proposal to reinstate LVRs before the 12-month period is up – particularly for investors,” points out @Bindinorwell #REINZCEO #REINZdata #housingstats
In #Auckland, the number of properties sold in September increased by 53.2% year-on-year (from 1,867 to 2,861) – the highest in 52 months and the highest annual increase in sales volumes in 11 years #REINZdata #housingstats #salesvolume
#BayofPlenty remained in its usual third place in June with 10.8% (48 properties) sold under the hammer, down from 12.3% (54 properties) in June 2018 #auction #REINZdata #housingstats
The national median house price in November for residential properties was a record $575,000 up 6.5% from $540,000 at the same time last year #houseprices #realestatedata #REINZdata
#Auckland #Waikato and #Wellington experienced an increase in listings during August 2017 compared to 12 months ago #REINZData #property
The number of properties sold by auction continues to decline across New Zealand, down 55% on the same time last year #REINZData #property
REINZ House Price Index showed value of dwellings in #NewZealand excluding Auckland increased 7.0% #REINZHPI #REINZData #housing #property
Regions in the half-a-million-dollar plus category now include #Auckland, #BayofPlenty, #Wellington, #Tasman and #Nelson #REINZData
Auckland experienced more than 50 $5m plus sales for the first time (nearly 80% of these were in the legacy Auckland City TLA) #REINZdata
REINZ Chief Executive @bindinorwell "People are looking to exit the bigger cities for more affordable and relaxed lifestyles" #REINZdata
#Growth is strongest in provincial towns rather than bigger cities, demand is strong across significant portions of the country #REINZdata
Two biggest hurdles to purchasing a house right now are access to finance as banks tighten lending criteria and #LVR restrictions #REINZdata
#REINZData All Farm Price Index up 4.9% compared to June 2016 https://t.co/hXLJLdQKEp
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