"At the same time sellers are accepting that a price that is on average only 6 percent below values being achieved 12 months ago is realistic in the current market, and are ready to accept." "It means that the market is active, and the housing market is edging further back to normality." "Another indicator of returning confidence is the level of interest shown at auctions. In March we saw our best attendance numbers for 12 months, and we sold some 65 to 70 percent of all the homes that we put to the market." "In February, we reported prices firmed on modest turnover, while this month turnover was extremely strong with prices coming off marginally." Here are all our Real Estate sector charts, including REINZ medians, Rents, Mortgagee listings, Housing confidence and others.
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