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YOUR HOUSE
Listings on the housing market are at a level not seen since 2015. And REINZ data also reveals higher sales counts and higher median sale prices.
Listings increased substantially, up 23.9 per cent to 11,455 nationally compared with March last year. Wellington had 32.4 per cent more listings; Auckland 31.4 per cent. Only Nelson (-2.7 per cent) and West Coast (-1.4 per cent) recorded declines in listings compared with March last year.
The national median sale price increased 2.7 per cent from $779,000 to $800,000 year-on-year; it also increased 1.1 per cent from February, from $791,500 to $800,000.
For New Zealand, excluding Auckland, the median price also increased – it was up 2.3 per cent year-on-year from $695,000 to $711,000, and up 0.1 per cent monthon-month from $710,000