People looking to buy or sell a house are starting to dip their toes back into the market under the lighter restrictions.
More house listings are being advertised under Level 2 and over the weekend prospective buyers lined up to view open homes for the first time in nearly two months.
The chief executive of the Real Estate Institute Bindi Norwell told RNZ housing reporter Eva Corlett activity is picking up but it is still too early to predict how the next few months will play out.
