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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.
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