May 2020 Property Reports

Date: 23rd Jul 2020

The number of properties sold in May across New Zealand decreased by 46.6% from the same time last year – from 7,477 to 3,990 – as Alert Level 3 restrictions on the real estate market still made it difficult for property sales to occur.

Report 03

The REINZ House Price Index for New Zealand, which measures the changing value of property in the market, increased 7.9% year-on-year to 2,962.

Report 02

Data released by REINZ shows there were 264 less lifestyle property sales (-17.9%) for the three months ended May 2020 than for the three months ended April 2020.

Report 03