Signs Of Recovery In The Lifestyle Market

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 264 less lifestyle property sales (-17.9%) for the three months ended May 2020 than for the three months ended April 2020. Overall, there were 1,207 lifestyle property sales in the three months ended May 2020, compared to 1,933 lifestyle property sales for the three months ended May 2019 (-37.6%), and 1,471 lifestyle property sales for the three months ended April 2020.

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