Real Estate Institute of New Zealand

Sales down 31% y/y

  • prior -10.7%

And on prices:

  • Median house price in April +0.9% m/m
  • And up 10.4% y/y

REINZ citing wet weather and school holidays (and Easter holiday) for the fall in sales for the month. After seasonal adjustment sales down 9% m/m.

Easter is the western version of Chinese New Year I guess ;-)