Residential property prices in New Zealand increased 2.5% nationally in August and auction sales reached a new record level for the month, the latest data shows.

Sales of residential property in Auckland, New Zealand are strong and prices are holding firm, according to the latest analysis from agents Barfoot & Thompson.

Sales and prices of luxury property in Auckland increased in July with a lack of supply making buyers more decisive, according to agents.

The value of rural and lifestyle properties in New Zealand sold in the last three months are up 20% compared to a year ago, according to the latest market report from Barfoot & Thompson.

Rents in Christchurch have increased some 26% in the last 12 months, well above the national average property rental rises of 4%.

National median house prices in New Zealand increased to record highs last month with Auckland maintaining the top median at $500,000, data from the Real Estate Institute of New Zealand shows.

The value of residential building consents in New Zealand increased by 37% in May compared with a year ago, the latest data shows.

Residential property asking prices in New Zealand eased slightly in June, down to $424,315 from the record high in May, according to the latest figures.

A number of properties in the Canterbury area of New Zealand are still considered dangerous over a year after the last earthquake struck the region.

Average property prices and sales in Auckland are soaring with the city’s real estate market seeing its busiest May for nine years.

The level of new listings in the residential property market in New Zealand surged in May, up 16% on a seasonally adjusted basis, according to the latest data from RealEstate.co.nz.

Residential property values in New Zealand continued rising in April and sales are still strong, according to the latest QV index.

New Zealand is starting to see a return of sentiment in its commercial real estate sector with key indicators rising in the first quarter of 2012, according to the latest survey from the Royal Institution of Chartered Surveyors Oceania branch.

Asking prices for Auckland homes hit a new all time high in April as the New Zealand city’s real estate market experiences a severe shortage of supply.

Residential property sales in New Zealand have taken off in the first quarter of 2012 but listings have been slow to respond, according to estate agents.

Last month saw strong sales growth in the residential housing market in New Zealand with the volume of sales is up by 25.3% compared with the same time last year, the best monthly result the market has recorded since November 2007. 

There is a severe shortage of rental properties in Christchurch, New Zealand, with the supply down 40% compared to a year ago, according to figures from Trade Me Property.

The message coming from the property market in New Zealand is that buyers are out and about and keen to get into the market, whether they are first time buyers, mid life stage buyers or even investors, according to the March 2012 NZ Property Report.

The residential property market in New Zealand saw strong sales in February and prices were continuing to edge up, according to two leading market reports.

A new bill has been introduced in Parliament in New Zealand that would prevent foreign companies from buying land in the country.

The number of homes sold in Auckland in February leapt to their highest number for a February in five years, but price rises for the month were modest, according to one of New Zealand’s leading agents.

The property market across New Zealand has become more active in the past nine months and in January alone sales were up 25% on a year ago while the final three months of 2011 saw sales up 22%.

Residential property sales in New Zealand increased to a four year high in January and prices continue to warm up in most big cities due to limited supply and higher demand from migrants and first time buyers.

The property market in New Zealand has started 2012 in better shape than it has for the past five years with 9% more properties being sold in 2011, the latest report from the Real Estate Institute of New Zealand shows.

Residential property sales have increased over 20% year on year although nationally prices are falling, the latest figures from the Real Estate Institute of New Zealand (REINZ) show.

New Zealand residential property values continued to gradually increase in 2011, rising 2.4% over the past twelve months, according to the latest QV index.

Auckland has overtaken Central Otago Lakes as having the least affordable real estate in New Zealand, the latest home affordability report from Massey University shows.

Higher residential property prices in New Zealand means that home loan affordability is also on the rise but experts believe that an improving outlook for lower interest rates is boosting turnover and borrower demand.

Asking prices for residential properties in parts of New Zealand have hit a new high, particularly in Auckland, as sellers bet on the market staying strong.

The residential property market in New Zealand is entering an active period with new listings appearing in line with seasonal trends, according to the latest real estate report.

Farm property sales in New Zealand are at their highest for nearly two years and the trend is likely to continue, according to the latest report from the Real Estate Institute of New Zealand.

Property in sought after suburbs in New Zealand is increasing in value with more real estate breaking the million dollar price line.

The residential property market in New Zealand is now showing all the signs of gearing up for a much stronger Spring season than has been seen for a number of years, according to the latest NZ property report.

Residential property prices across New Zealand were stable in July with signs of strengthening values in central Auckland and Christchurch, the latest data shows.

The real estate market in Auckland is driving a recovery in residential property values in New Zealand, according to the latest QV index.

The residential real estate market in New Zealand is heading for a shortage of properties listed for sale as it turns into a sellers market for the first time in two years.