According to the Real Estate Institute of New Zealand (REINZ), it was recorded in October to a record low this month, sales in the housing market since 1992. Total has sold 3903 of the property, which is 36% below last year's figures. In addition, in October, a slight decrease in the cost of housing, it was noted the New Zealand real estate market. And although the average value of the house remained the same at $ 350,000, house price index fell in October by 0.9% compared with September. However, at the Institute believe that this is a temporary, seasonal decline in November should expect improvements in the market. On this Site
