
Winter Chill Impacts Real Estate Volumes, But Not House Prices
The latest stats from the Real Estate Institute of New Zealand has shown that the winter chill has impacted real estate sales volumes across the country in June but has done little to halt price rises in most regions. In June the median price across the country rose by 5.7% to a record equal median of $560,000 up from $530,000 the same time last year. Additionally, the New Zealand excluding Auckland median price remained at a record equalling figure of $460,000 in June up 7.0