From August 2009, the REINZ has been publishing a monthly Index that uses a different basis than their market median price. sale price and housing price index. The Real Estate Institute of New Zealand ( REINZ) produces a monthly national median sale price, based on the sales made This chart tracks the monthly median house price. The data is sourced from the REINZ, and is disclosed regionally. REINZ Monthly House Price Index July 2019. Source; REINZ – https://www.reinz. co.nz/residential-property-data-gallery. The number one advantage between
REINZ Monthly Property Report & Regional Commentary For access to historical House Price Index figures, please contact REINZ Business Analyst, David 13 December 2019, REINZ Monthly House Price Index - November 2019, Residential. 2 December 2019, REINZ warns consumers they can no longer use From August 2009, the REINZ has been publishing a monthly Index that uses a different basis than their market median price. sale price and housing price index. The Real Estate Institute of New Zealand ( REINZ) produces a monthly national median sale price, based on the sales made
Monthly statistical information collated by the Real Estate Institute of New Zealand (REINZ) will be the basis of the REINZ Monthly Housing Price Index, an important new tool for analysing the REINZ HPI (House Price Index) and it provides a level of detail and understanding of the true movements of housing values over time to a higher standard than The Real Estate Institute of New Zealand’s (REINZ) monthly housing price index is in for an overhaul after the central bank found that the series had flaws that made it difficult to identify trends in property prices. currently have an official housing price index. In this paper, we utilise suburb level housing transaction data provided by the Real Estate Institute of New Zealand (REINZ) and use stratification techniques developed by Prasad and Richards (2006), to compute a mix-adjusted housing price measure for New Zealand.
The Real Estate Institute of New Zealand’s (REINZ) monthly housing price index is in for an overhaul after the central bank found that the series had flaws that made it difficult to identify trends in property prices.
9 Aug 2017 The REINZ and QV House Price Indexes both use the same There's no regular monthly release of data, but rather an assortment of ad hoc Latest REINZ stats show NZ house price increase largest in 53 months Released 12 March 2020 Median house prices across New Zealand increased by 14.3% in February to a new record median price of $640,000, up from $560,000 in February 2019. Gisborne house prices rose $2,645 a day in May: General: 14 June 2019: REINZ Monthly Property Report and Regional Commentary - May 2019: Residential: 14 June 2019: REINZ Monthly House Price Index - May 2019: Residential: 4 June 2019: Government forestry incentives see forestry farm prices increase by 45%: General: May 2019: 30 May 2019 In April 2017 REINZ released the new enhanced house price index (HPI) developed in conjunction with the Reserve Bank of New Zealand. A house price index is an analytic tool used to measure house price trends, it is expressed as a scale and can be broken down by geography or key attributes, i.e. apartments in Auckland, three bedroom houses in Invercargill. The REINZ housing price index is put together using a technique known as stratification; basically it is an average of sale prices for common groups. This Index was developed by the RBNZ, stratifying the REINZ data to give an average sale price for common groups. PHOTO: REINZ. Year-on-year, the HPI indicates that housing market activity nationwide has lifted 3.8%, up in Auckland by 0.9% and up outside Auckland by 6.7% The REINZ Monthly Housing Price Index is based on a value of 1000 in January 1992, the first month for which electronic information is available. Changes in the index represent movements in housing