At the end of each month, real estate agencies send REINZ the details of all the property sales they handled that became unconditional during the month. ...

Nearly 300 homes sold for $1 million or more last month, but it is the middle to lower end of the market where activity is the most frenetic according to the Real Estate Institute of New Zealand....

New Zealand house prices edged higher and properties were sold in a shorter amount of time last month as strong demand amid rising net migration and low interest rates continue to show signs of stabilisation in the property market. ...

A new Real Estate Institute agreement for buying and selling property is being slammed by lawyers as unsound and unsafe to use....

Homebuyers are being warned not to use a new sale-and-purchase agreement which may not allow them to cancel a deal if a pre-inspection report shows problems with the property. ...