Articles: REINZ News
Residential Market Revisits 2007
We’re seeing a slow, but steady, appreciation in sale values and we’re now back to the prices being fetched in the corresponding period in 2007 when the median was $351,500,” Mr McDonald says.
REINZ Rural News: Quiet Period For Rural Market
Calving and coming out of the wintering period have contributed to a seasonally quiet period for the rural real estate sector as reflected by figures released last week by the Real Estate Institute of New Zealand (REINZ).
REINZ Residential News: Residential Pattern Remains Constant
According to the latest statistics released by the Real Estate Institute of New Zealand (REINZ) today the residential real estate market continues the steady pattern seen over the past few months. The figures show little movement in median prices and numbers of properties changing hands in August compared with previous month
Residential Market Holds Firm
The residential real estate market has held firm in the past month with July prices and turnover tracking June figures almost exactly in the latest statistics released on the 14th of August 2009 by the Real Estate Institute of New Zealand (REINZ).
Rural Market Ends Season on High Note
Figures released on the 14th of August by the Real Estate Institute of New Zealand (REINZ) for the three months to July round off the season on a high note with dairy farm prices in particular showing a solid performance.
Introducing New Contract Format for Buyers and Sellers with John Gilding
Buyers and sellers of real estate will soon be presented with a totally new form of contract to that used in the past. This will be in two parts. Section A deals with the essential information, such as the buyer, the seller, the property, the price etc. Section B is a separate booklet containing all the standard terms and conditions that will apply, unless amended by the parties in section A at the time the contract is negotiated.
