Record house sales on the West Coast
Record house sales on the West Coast
11 March 2021
New figures from the Real Estate Institute show the number of homes being sold around the country for February reached a 14-year high.
Nationally, sales volumes were up 15-percent on a year earlier.
On the West Coast sales jumped 58 percent - from 50, to 79 houses - the highest since March 2004 and the highest ever for February.
REINZ - says local agents report an uplift in inquiries - partly due to the affordability.
The median house price on the West Coast is 299 thousand dollars - up 22 percent from the same time last year.
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