scoop.co.nz 19 Mar, 2021 19:15 am

Optimism Continues In The Lifestyle Sector

Optimism Continues In The Lifestyle Sector
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 302 less lifestyle property sales (-10.9%) for the three months ended February 2021 than for the three months ended January 2021. Overall, there were 2,471 lifestyle

9%) for the three months ended February 2021 than for the three months ended January 2021.Overall, there were 2,471 lifestyle property sales in the three months ended February 2021, compared to 1,769 lifestyle property sales for the three months ended February 2020 (+39.9,244 lifestyle properties were sold in the year to February 2021, 1,992 (27.77 billion for the year to February 2021.

The median price for all lifestyle properties sold in the three months to February 2021 was $845,000 and was $135,000 higher compared to the three months ended February 2020 (+19.Brian Peacocke, Rural Spokesman, at REINZ says: “Sales figures for the 3 month period ending February 2021 reflect an easing trend from the previous period ending January 2021, but nevertheless, on a month by month basis, February sales were 32% ahead of the figures for the previous month of January.

Read full story at scoop.co.nz