NZ data – Home sales (April) down 31% y/y

Real Estate Institute of New Zealand
Sales down 31% y/y
– prior -10.7%
And on prices:
– Median house price in April +0.9% m/m
– And up 10.4% y/y
REINZ citing wet weather and school holidays (and Easter holiday) for the fall in sales for the month. After seasonal adjustment sales down 9% m/m.