New REINZ figures show the housing market is still subdued- but some buyer confidence is returning.

Their house price index shows the national median house sale price has dropped 1.3 percent in the month to July and sales have declined 15 percent.

Despite this, REINZ chief executive Jen Baird says there's been a clear uptick in buyer activity.

"More people are showing up at open homes, more people are showing up at auctions and we are starting to see that in sales volumes."

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New REINZ figures show the housing market is still subdued- but some buyer confidence is returning.
Their house price index shows the national median house sale price has dropped 1.3 percent in the month to July and sales have declined 15 percent.
Despite this, REINZ chief executive Jen Baird says there's been a clear uptick in buyer activity.
"More people are showing up at open homes, more people are showing up at auctions and we are starting to see that in sales volumes."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.