Press Release – Century 21 Real Estate Despite the Governments housing initiatives announced last month, aimed particularly at cooling off investors, the countrys overall real estate market remains hot, says Derryn Mayne, Owner of Century 21 New Zealand. Her comments come as REINZ today … “Despite the Government’s housing initiatives announced last month, aimed particularly at cooling off investors, the country’s overall real estate market remains hot,” says Derryn Mayne, Owner of Century 21 New Zealand. Her comments come as REINZ today released April’s REINZ & Tony Alexander Real Estate Survey. It revealed a net 56% of real estate agents continue to feel that prices are rising – the same proportion as August last year. At the same time, a net 66% feel that FOMO remains a factor for buyers – also a very similar result to August.