News

Residential property sales hit a trough

Monday 14th of March 2022

REINZ data show sales dropped 32.8% in February from 8,324 in February 2021 to 5,597.  For the month between January and February sales declined 3.2%. February is usually the biggest sales month of the year,

Across the New Zealand, excluding Auckland, sales dropped  28.8% in the February year from 5,412 to 3,856. Auckland was hardest hit with sales declining by 40.2% from 2,91...

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