Jan 26th, 2014
The Real Estate Institute of NZ said in its headline “Mixed Price Data and Softer Volumes in December Market” when referring to sales data from December 2013 NZ House sales.
Here is their summary points for the last calendar month of 2013.
As for the region comment, more specifically, the Institutes local representative reported thus;
Sales volume compared to November rose 2.3% with an 11% increase in Nelson, but falls across the rest of the region.
…The median price trend is now steady, although the volume trend continues to ease. The days to sell trend continues to improve more strongly. The overall trend for the region is now steady.
The Nelson situation was commented on by the REINZs CEO, Helen O’Sullivan, who noted;
“the Nelson/Marlborough region is continuing to see an uplift in the median price and realtively strong volumes compared to the rest of the country. Market activity was stronger in December than November with more listings and a rise in the numbers attending open homes.”
Nelson cities December 2013 chart follows…