Strong December with sales up 20%
Figures from the Real Estate Institute (REINZ) revealed there were 5,316 unconditional sales in December, up 919 sales or 20.1% on December 2010.
The national median house price fell however, down by $12,000 to $335,000 compared to November but just $3,000 lower than December 2010.
"December was the strongest month for real estate sales in New Zealand, with this being the strongest level of transaction figures in December since 2007, and Auckland having its strongest December since 2006," REINZ chief executive Helen O'Sullivan said.
"Across the country sales volume is up by over 20% compared to December last year with some regions such as Manawatu/Wanganui and Taranaki reporting increases of more than 40%."
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