House sale volumes drop

The number of property sales across the country dropped 26% last month, with all 16 regions recording a decline, according to the Real Estate Institute (REINZ).

A total of 5,428 properties were sold across the country in September, down from 7,352 sales in September 2016 and marking the lowest level for the month in six years, REINZ said.

The number of property sales across the country dropped 26% last month, with all 16 regions recording a decline, according to the Real Estate Institute (REINZ).

A total of 5,428 properties were sold across the country in September, down from 7,352 sales in September 2016 and marking the lowest level for the month in six years, REINZ said.

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