Articles tagged with 'median price'
Auckland’s average price now $1million plus
4 November 2020 - New Zealand’s biggest market is booming with Barfoot & Thompson’s latest data revealing that Auckland’s average residential property price is over the $1 million mark for the first time.
Something’s gotta give on prices
16 October 2020 - House prices are on a relentless march upwards and BNZ is warning that “over-zealous investors” could push them to non-sustainable levels.
Market correction? Don’t hold your breath.
14 October 2020 - The economic fallout from Covid-19 was supposed to lead to a housing market correction. It hasn’t – and now ASB says prices are only going to keep climbing.
Sales, prices skyrocket in defiant market
13 October 2020 - It’s official: New Zealand’s housing market is going crazy – and the skyrocketing prices have left economists revising their forecasts and worried it heralds a new bubble.
Booming sales in the Super City
2 October 2020 - Market activity is not letting up in Auckland with the city’s biggest real estate agency announcing that September saw the highest number of sales in a month since 2017.
Covid be damned – the market is booming
11 September 2020 - Those who were anticipating a Covid-prompted housing market collapse got it wrong with the latest REINZ data revealing strong growth in prices and sales.
Where are properties selling most above CVs?
4 September 2020 - Auckland’s residential property prices might be on the rise again, but it’s actually the region where properties are currently selling closest to their CV*.
Super City powers through lockdown 2.0
2 September 2020 - Lockdown 2.0? What lockdown? Auckland’s residential property market sailed through the level three restrictions, according to the city’s largest real estate agency.
Covid-19 return could derail market boom
14 August 2020 - The housing market was booming in July with price and sales up nationwide, new REINZ data shows, but the return of Covid-19 raises questions of how the market will fare going forward.
Auckland sees highest sales since 2015
4 August 2020 - The SuperCity turned in its strongest housing sales performance in a July for five years last month, new data from Auckland’s biggest real estate agency reveals.
Covid crisis will impact on market - in time
21 July 2020 - ASB continues to expect a 6% decline in nationwide house prices – even though the Covid-19 prompted economic adjustment to date been less severe than most expected.
Sales, prices surge up - defying expectations
14 July 2020 - The housing market’s post-Covid rebound continued in June with house prices rising further and sales volumes hitting a four year high – but economists are asking if it will last.
SuperCity sales defy expectations – for now
2 July 2020 - Auckland’s property market defied economic forecasts in June but that doesn’t mean it will continue to do so, according to the city’s largest real estate agency.
Signs of confidence but early days yet
30 June 2020 - Tough economic times might be ahead but a new report from REINZ shows there are some early signs of confidence in the housing market post-lockdown.
S&P forecast 10% house price fall
24 June 2020 - Global ratings agency Standards & Poors is the latest to join the chorus of predictions around potential house price falls in New Zealand – and they’re picking a 10% drop.
Market outlook: what economists have to say
19 June 2020 - Recent residential housing market data has not looked to bad – but, given the grim economic forecasts, that’s a bit confusing. So here’s a round-up of economists’ latest takes on the market…
Southland comes up trumps for investors
17 June 2020 - Investors keen to pick up a good deal should look south as a new REINZ report shows that Southland is, once again, the country’s highest performing region for residential property investors.
Market feels Covid-19 impact
15 June 2020 - Covid-19 is still impacting on New Zealand’s housing market but there’s some positive signs in REINZ’s latest data, with a clear monthly increase in sales.
Weak sales, resilient prices
3 June 2020 - Auckland’s housing market saw another slump in sales volumes in May but prices are holding steady, according to the city’s largest real estate agency.
Market teeters on cliff edge - QV
3 June 2020 - Signs of fragility might be present in the post-lockdown market yet value growth and demand are currently still going strong.
House sales plummet in lockdown
15 May 2020 - [UPDATED] There was a massive nationwide drop in residential property sales in April while the country was in level four lockdown, new REINZ data reveals.
SuperCity sales fall 50% in lockdown
4 May 2020 - Auckland property sales in April were down by 50% on March but the true effect of the lockdown won’t show up until May’s trading data is compiled, according to Barfoot & Thompson.
House price drops are short-lived - Alexander
24 April 2020 - Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.
Market strong before turbulence to come
15 April 2020 - Strong price growth and solid demand characterised the pre-lockdown housing market, new REINZ data shows – but the time period covered was the calm before the storm.
Uncertainty set to plague 2020’s market
1 April 2020 - New data from both QV and Realestate.co.nz shows the housing market was performing strongly prior to the Covid-19 lockdown – but there’s no escaping the question of what it will do now.
Housing market powers on – for now
12 March 2020 - New Zealand’s housing market resurgence is showcased in new REINZ data which has the national median price at a new record and sales at a four-year high.
SuperCity sales soar up
4 March 2020 - Auckland sales activity soared back to life in February with Barfoot & Thompson recording its highest number of sales in five years.
Manawatu on the move
28 February 2020 - Skyrocketing values and a serious supply shortage characterise the Palmerston North and Feilding markets, writes Joanna Jefferies.
Regions lead the price growth pack
24 February 2020 - Provincial markets stole the asking price spotlight from the main centres in January, according to the latest Trade Me Property Price Index.
Strong start for market in 2020
18 February 2020 - Auckland’s housing market has surged back into the game with its busiest January in four years, new REINZ data reveals.
A decade of property price growth
23 January 2020 - Recent years have seen some spectacular house price growth around New Zealand but just how much have asking prices gone up in different markets over the last 10 years?
Upping the ante on price growth
22 January 2020 - ANZ economists have become the latest commentators to revise up their house price inflation predictions and are now picking 8% growth by mid-2020.
Highest sales in December for three years
16 January 2020 - New Zealand’s property market ended the decade on a high with new REINZ data putting sales at their highest volume in years and median prices up around the country.
Hot demand in Hawke’s Bay
31 December 2019 - A severe housing shortage in Napier and Hastings means house values and rents are on the rise, writes Joanna Jefferies.
Strong market upturn picked for 2020
18 December 2019 - Expect price growth to hit 7% by April 2020 as the housing market continues its emphatic upturn, Westpac’s chief economist says.
Record prices see upturn gathering pace
13 December 2019 - New Zealand’s housing market resurgence continues to gain momentum with the latest REINZ data showing record prices around the country.
Auckland’s November sales at four year high
3 December 2019 - Sales activity continues to improve in Auckland with new Barfoot & Thompson data revealing their best November sales numbers since 2015.
Record prices round NZ
14 November 2019 - It looks like the sleeping giant of New Zealand’s housing market could be stirring, with new REINZ data showing that both sales and prices in Auckland are up.
SuperCity on the rise?
4 November 2019 - Auckland’s housing market saw a noticeable increase in sales in October – and it’s due to an increase in listings, according to Barfoot & Thompson’s managing director.
Return to market form
15 October 2019 - There’s been a rallying of the market with the latest REINZ data showing both sales volumes and median house prices noticeably up with the onset of Spring.
Sales fall highlights sluggish market
13 September 2019 - The Reserve Bank’s dramatic OCR cut in August was meant to prompt a pick-up in the housing market but new REINZ data shows sales have slumped again.
No momentum in Auckland sales
3 September 2019 - Auckland prices remain strong but sales are down and the market is suffering from a lack of momentum, according to the city’s biggest real estate agent.
Gisborne grows up
30 August 2019 - Tairawhiti Gisborne is experiencing growth late in the cycle, and there are still accessible opportunities for investors, writes Joanna Jefferies.
Low rates boost NZ’s housing affordability
21 August 2019 - Declining house prices and low interest rates have improved housing affordability across New Zealand over the first half of 2019, a new report from Moody’s Investors Service shows.
Stronger market on the cards
13 August 2019 - Those predicting a property market crash might have to reconsider as the latest REINZ data reveals signs of an improving market nationwide, including an increase in sales activity.
Five year low for sales
12 July 2019 - Sales volumes nationwide tumbled to a five year low in June’s REINZ data, highlighting that the heady days of the property market’s boom are winding down.
Limited stock makes for muted market
2 July 2019 - It has the lowest amount houses available to sell in nearly a year, but Auckland’s biggest real estate agency sees positive trends in the market.
Mercer appoints local wealth boss
18 June 2019 - Mercer has appointed a new head of wealth for New Zealand.
Regional markets step up the pace
14 June 2019 - [UPDATED] Price growth in regional housing markets has stepped it up again with Gisborne accelerating at the front of the pack, new REINZ data shows.
Super City sales down 20% on last May
6 June 2019 - Residential sales activity in the Auckland region remains subdued, with Barfoot & Thompson revealing that its sales fell by 20% year-on-year in May.
Wellington City price glow spreads
20 May 2019 - Remember Auckland’s “halo effect”? Well, it’s happening again but this time it’s at play in the Wellington region as the capital’s market powers along.
NZ sales on downbound train
14 May 2019 - There’s no escaping the downward trend in sales exposed by new REINZ data but some commentators believe last week’s OCR cut could counter the fall.
Market uncertainty thumps Auckland sales
2 May 2019 - Uncertainty around prices and the spectre of a capital gains tax had a hefty impact on Auckland sales volumes in April.
Gateway to returns
2 May 2019 - Upper Hutt has long been overlooked as an investment option but its affordable prices, strong yields and tight rental market mean it is now attracting attention, reports Miriam Bell.
Revealed: Auckland hotspots
24 April 2019 - Auckland’s price growth might be flatlining overall but new data shows the SuperCity still has some hot spots where prices are on the rise.
Auckland sales at lowest since 2008
12 April 2019 - Sales in Auckland plummeted by nearly 20% to the lowest number in a March month for eleven years, new REINZ data reveals - but sales activity nationwide also took a fall.
Auckland a “buyers market”
4 April 2019 - Prices remain high in the Auckland region but new data from two real estate websites indicates the market has shifted to favour buyers.
Realism needed in Auckland market
3 April 2019 - Auckland house prices remain stable despite muted sales activity, according to the city’s biggest real estate agency.
Auckland sales lowest in 10 years
4 March 2019 - Property sales in Auckland reached new lows in February while prices were also down, according to Barfoot & Thompson’s latest data.
Garden City gears up
4 March 2019 - A plateau in values and rents has been a feature of the southwest Christchurch market for some time, but this year the market looks on the up, writes Joanna Jefferies.
Auckland prices at 35 month low
14 February 2019 - The City of Sails’ median price has fallen to its lowest point in over three years although there are still pockets of price growth around the region.
Super City sales up, prices down
5 February 2019 - Acceptance that Auckland is now a buyer’s market has set in as Barfoot & Thompson’s latest data reveals a modest start to the year.
Auckland sales at 10 year low
17 January 2019 - Sales volumes around the country slumped to long time lows in December in the latest REINZ data, providing more evidence of how the market has changed.
The outlook for 2019
3 January 2019 - 2019 is set to be a year of massive change as the Government’s suite of housing and tax policies start to bed in. Here’s what property market commentators have to say on the coming year…
2018’s best performing suburbs
20 December 2018 - Curious to know which of New Zealand’s suburbs has turned in the top results in measures like value growth and rental yields? A new report tells all.
Auckland market wakes from slumber
5 November 2018 - Higher sales volumes and prices characterised Auckland’s market in October, according to Barfoot & Thompson’s latest data.
