Real Estate Institute reports highest sales volume and median sales price for any March since REINZ records began
Wednesday, April 23rd 2003, 5:46PM
by The Landlord
Mr. Woodley said, "Despite some market commentators predicting a downturn for the property market, March’s figures only reinforce our belief that the residential market is both stable and healthy. Certainly the level of activity recorded indicates that the New Zealand public still has an active interest in property, not just as a home, but also as an investment."
The March 2003 median compared with the February median of $195,000 and the March 2002 figure of $186,000 – an increase year-on-year of 7.52 per cent.
