Press Release – Real Estate Institute Of New Zealand
The Real Estate Institute of New Zealand (REINZ) is today warning that the new enrolment schemes that have been proposed by the Ministry of Education in Auckland could put additional pressure on house prices as families keen to secure houses in ‘good’ school zones will be prepared to pay more for their property.
Currently the Ministry of Education is in the throes of introducing new enrolment schemes for 135 schools across Auckland, a number of which will implement their changes at the beginning of Term 2 on May 3.
Wendy Alexander, Acting Chief Executive at REINZ says: “Whilst families will look for a number of specifics when it comes to purchasing a house, such as the number of bedrooms and bathrooms, the size of the backyard or proximity to public transport; what school zone the property is in will often also play a significant role in the equation.
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Press Release – Real Estate Institute Of New Zealand
The number of residential properties sold in February across New Zealand increased by 14.6% when compared to the same time last year (from 6,951 to 7,964) – the highest for the month of February in 14 years, according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data in New Zealand.
For New Zealand excluding Auckland, the number of properties sold increased by 6.1% when compared to the same time last year (from 4,890 to 5,189).
In Auckland, the number of properties sold in February increased by 34.6% year-on-year (from 2,061 to 2,775) – the highest for the month of February in 14 years.
Thursday, 11 March 2021, 1:39 pm
The number of residential properties sold in February
across New Zealand increased by 14.6% when compared to the
same time last year (from 6,951 to 7,964) – the highest
for the month of February in 14 years, according to the
latest data from the Real Estate Institute of New Zealand
(REINZ), source of the most complete and accurate real
estate data in New Zealand.
For New Zealand excluding
Auckland, the number of properties sold increased by 6.1%
when compared to the same time last year (from 4,890 to
5,189).
In Auckland, the number of properties sold in
February increased by 34.6% year-on-year (from 2,061 to
2,775) – the highest for the month of February in 14
Community Scoop » Highest Number Of Properties Sold In A February Month In 14 Years, Says REINZ scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.