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Data released today by the Real Estate Institute of New
Zealand (REINZ) shows there were 258 fewer lifestyle
property sales (-10.3%) for the three months ended June 2021
than for the three months ended May 2021. Overall, there
were 2,241 lifestyle property sales in the three months
ended June 2021, compared to 1,223 lifestyle property sales
for the three months ended June 2020 (+83.2%), and 2,499
lifestyle property sales for the three months ended May
2021.
10,440 lifestyle properties were sold in the
year to June 2021, 3,872 (+59.0%) more than were sold in the
year to June 2020. The value of lifestyle properties sold
was $10.60 billion for the year to June 2021.
The
median price for all lifestyle properties sold in the three