YOUR HOUSE
The winter chill has been taken off the housing market, latest REINZ data shows.
Nationally, house sales lifted 1.6 per cent, to 4,903 last month compared to last year and were up 10.8 per cent in Auckland, but on a month-on-month basis sales were 15.6 per cent.
Across the regions, sales were up year-on-year in Waikato by 9.4 per cent, Bay of Plenty 13.7 per cent, Nelson 3.9 per cent, West Coast 31 per cent and Canterbury 10.1 per cent.
At the end of July, the total number of properties for sale was 23,090, down 12.4 per cent, or 3,268 properties, from 26,358 year-on-year, and down 6.4 per cent month-on-month.
At the same time, the median sale price dropped 4.9 per cent year-on-year to $770,000 across the country. In Auckland, it dropped below $1 million to $990,000.
The median sale price also took a tumble in the regions year-on-year, with Waikato down 8.9 per cent; Bay of Plenty, down 7 per cent; and Wellington, down 8.9 per cent. It has not been all bad news though. Prices were
