As we move through autumn and into the winter months we expect to see market activity slow down. But in all likelihood this won’t occur until June, with activity holding up so far in May. 

Looking back to April, just under 8,000 sales were completed, which is a 20% drop on March’s volumes, but this is pretty standard, with March regularly the most popular month for sales to occur and April impacted by multiple public holidays. 

Watch the latest Monthly Property & Economic Update to get up to speed with the recent NZ property trends.