May 10, 2018 / 9:06 PM / 13 days ago

New Zealand house prices grow 2.3 pct in April -REINZ

    WELLINGTON, May 11 (Reuters) - New Zealand house prices
picked up the pace in April and the number of properties sold
hit an almost two-year high, the Real Estate Institute of New
Zealand (REINZ) said on Friday.
    Median seasonally adjusted nationwide house values rose 2.3
percent on an annual basis, up from 1.9 percent the previous
month. 
    Monthly house prices bounced back by 0.7 percent after
slipping 2.2 percent in March.
    The number of properties sold jumped 6.6 percent, the
largest annual increase in 23 months. 
    

 (Reporting by Charlotte Greenfield
Editing by Leslie Adler)
  
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