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Seven out of 16 regions reached new record median prices — the most since April 2021. Nine regional records were reached in September 2020, however, this month’s total number of records remains above average for a September month (REINZ).

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We have a very different set of market drivers heading into 2022 compared to the same time last year.

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Property Brokers took top honours in three categories ahead of competitors at the 2021 REINZ Awards for Excellence.

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Four out of 16 regions reached new record median prices and 25 districts reached new record median highs. House prices have once again risen across the country, with every region seeing a year-on-year increase from August 2020 (REINZ).

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For farmers and growers in the Hawkes Bay and Gisborne regions, the rural real estate value expectations look set to continue their upward trajectory heading into the 2021/22 season.

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The Wairarapa economy has been growing steadily over the past five years, but since last year’s national level 4 lockdown is showing all the signs of having changed up a gear.

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