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The number of residential properties sold in December 2020 across New Zealand increased by 36.6% from December 2019 (from 6,543 to 8,935) – the highest number of properties sold in a December month ever, according to the latest data from the Real Estate institute of New Zealand (REINZ).

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General confidence to invest in the rural real estate market heading into 2021 is very positive, in stark contrast to the last three years' market headwinds.

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As we embrace the New Year and our traditional kiwi summer, our primary sector moves to a firmer footing in 2021, and our rural real estate market reflects this too. Notably, the second half of last year achieved rural real estate sales volumes not seen since 2015 within our NZ Realtor network.

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With the general election now over, businesses should find comfort in the promises made by the Government to invest, assist and support people, businesses and projects in the medium to long term, as well as putting the country in a stronger position within the global export markets

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The number of residential properties sold in November across New Zealand increased by 29.6% from the same time last year (from 7,627 to 9,885) – the highest number of properties sold in 164 months (March 2007) and the highest November sales count since November 2006 (14 years), according to the latest data from the Real Estate institute of New Zealand (REINZ).

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As the industry becomes more specialised, are we seeing the end of the DIY landlord in New Zealand? 

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