The Real Estate Institute of New Zealand recorded a 48 percent drop in house sales between January and December.

Auckland's median selling price was also down $80,000 dollars in January.

REINZ CEO, Jen Baird, joined Kate Hawkesby to discuss the results.

LISTEN ABOVE

The Real Estate Institute of New Zealand recorded a 48 percent drop in house sales between January and December.
Auckland's median selling price was also down $80,000 dollars in January.
REINZ CEO, Jen Baird, joined Kate Hawkesby to discuss the results.
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.