Hey Mav.
Stats NZ use transfer while REINZ is unconditional sales reported by real estate agents.
Have you read how Stats collect ‘transfers’ it’s here
https://datainfoplus.stats.govt.nz/i...889.1714084545
This bit is interesting -
Not all transfers involve a sale. For simplicity, we refer to the transferees and transferors as buyers and sellers (respectively).
Land Information New Zealand estimates that approximately half of all property transfers involve a residential sale. The other half includes a very wide range of activities such as deceased estates, trustee changes, marriage settlements, boundary changes, changes to the proportions of shares of ownership, as well as sales involving non-residential property
Think I’ll stick to REINZ to get a feel for market activity