146 days ago

REINZ Aug 2025 Statistics are out now!

Financial Adviser, Director from adviceHQ

The latest REINZ data shows a mixed picture, with national medians holding broadly steady but regional variations becoming more pronounced.
🔹 Auckland +1.3% (to $964,000)
🔹 NZ Excl Akl: +1.5% (to $690,000)

Regional standouts:
⬆ Gisborne +11.3% (to $690,000)
⬆ Southland +8.9% (to $465,000)
⬆ West Coast +7.8% (to $385,000)

🏡 House Price Index: up 0.4% year-on-year, continuing a steady five-year growth trend of 3.2% p.a.

⏱ Days to sell averaged 48, two days faster than August 2024, though regional differences remain stark (e.g., West Coast up 19 days, Nelson/Marlborough down 11 days).

Sales volumes, slowed:
🔹 Down 3.7% YoY nationwide (5,866 sales).
🔹 Waikato (+13.2%), Gisborne (+11.1%), and Southland (+8.1%) bucked the trend with solid growth.

Supply is lifting:
🔹 New listings up 9% YoY (8,769 nationally).
🔹 Inventory at 30,000 – a 1.4% increase.

➡️ Takeaway: While sales are easing in some regions, most are still showing year-on-year price growth. With listings rising and days-to-sell stabilising, spring will be a key period to watch.

#REINZ #adviceHQ

Image
More messages from your neighbours
21 days ago

Poll: As a customer, what do you think about automation?

The Team from Neighbourly.co.nz

The Press investigates the growing reliance on your unpaid labour.

Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.

We want to know: What do you think about automation?
Are you for, or against?

Image
As a customer, what do you think about automation?
  • 9.4% For. Self-service is less frustrating and convenient.
    9.4% Complete
  • 43.5% I want to be able to choose.
    43.5% Complete
  • 47.1% Against. I want to deal with people.
    47.1% Complete
2421 votes
B
3 days ago

Plastic pickup

Bryson from Hillcrest

By two peeps for one hour on Takapuna Beach

Image