The latest figures from the Real Estate Institute of New Zealand (REINZ) for March reveal promising trends in the national property market.

Acting Chief Executive Rowan Dixon says “As we transition into the cooler months, the market remains vibrant rather than stagnant. There have been reports of increased attendance at open homes and auctions. Even in cases where properties don’t sell at auction, there’s plenty of post-auction interest, indicating a resilient and engaged buyer community.”

In the Bay of Plenty, sales increased 1.4% year-on-year, with 438 properties sold across the region during April. Read the full BOP Market Update here. 

Waikato reported 763 sales across the region in March, a significant 11.9% increase compared to the same period last year. Read the full Waikato Market Update report here.