(Reuters) -New Zealand home prices rose in July but the housing market remains mixed across the country, the Real Estate Institute of New Zealand (REINZ) said on Thursday.
Seasonally adjusted median house prices nudged 1.1% higher from June, and were 1.7% higher on the previous year, REINZ data showed. Seasonally adjusted national home sales fell 1.7% from June, but were up 4.2% from July 2024.
“Sales growth varied widely across regions, with strong rises in areas like Northland, while some regions experienced declines, reflecting a varied sales market across the country,” said Lizzy Ryley, REINZ chief executive.
(Reporting by Lucy Craymer; Editing by Muralikumar Anantharaman)
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