In February 2012 REINZ reported 6,632 dwellings sold around New Zealand which was a rise of 7.5% from a year earlier and rough seasonally adjusted change near zero. <\/p>\n
Sales growth appears to be plateauing. Prices are rising, however the rise in the past three months has been 0.7% from a 2.8% rise three months ago, so as with sales the pace of price gains has slowed slightly from late last year.<\/p>\n
But both trends remain upward. Prices in February were on average 7.9% ahead of a year ago.<\/p>\n
The most interesting number in this month\u2019s release is the days to sell measure.
\nThis came in at 39 in February which was four days faster than average for the month whereas January sales happened just 2.6 days faster than average and December 0.8 days. Once again this shows a shortage of properties listed for sale.<\/p>\n","protected":false},"excerpt":{"rendered":"
In February 2012 REINZ reported 6,632 dwellings sold around New Zealand which was a rise of 7.5% from a year earlier and rough seasonally adjusted change near zero. Sales growth appears to be plateauing. Prices are rising, however the rise in the past three months has been 0.7% from a 2.8% rise three months ago, […]<\/p>\n","protected":false},"author":1116,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"REAL ESTATE \u2013 MARKET AND STATISTICS - colinrealestate","description":"In February 2012 REINZ reported 6,632 dwellings sold around New Zealand which was a rise of 7.5% from a year earlier and rough seasonally adjusted change near z"},"footnotes":""},"categories":[5532],"tags":[5533],"class_list":["post-482","post","type-post","status-publish","format-standard","hentry","category-real-estate-2","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/users\/1116"}],"replies":[{"embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=482"}],"version-history":[{"count":0,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=\/wp\/v2\/posts\/482\/revisions"}],"wp:attachment":[{"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/colinrealestate.blogtown.co.nz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}