InSight

Auckland Housing Market Average Asking Price Drops to 4-Month Low

person By Hadar alarm15th Oct, 2021
Auckland Housing Market

COVID-19 restrictions outside the city and Level 4 restrictions inside have forced the market to drop to a 4-month low with the average asking price dropping by 2.8% to $865,348 in September, from $900,671 in August, as per industry reports. The Auckland housing market, however, remained buoyant. Tough times for the NZ real estate market? The ho...

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Bet on these Auckland Housing Market Suburbs with Highest Growth since 2000

person By Hadar alarm13th Sep, 2021
Auckland Housing Market

Auckland has seen a jump from 1 million to 1.6 million in population, in the last two decades. Demand for Auckland property allowed the city to attracted both local buyers and investors as well as foreign ones. But, the population explosion only served to increase demand and competition for availing quality suburban property in the city. The Auckla...

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COVID 19 lockdown prompts surge in Christchurch housing market

person By Hadar alarm1st Sep, 2021

The Covid lockdown has been instrumental in jumpstarting the buzz around the Christchurch housing market. Almost every notable realty agency in the city vouches for reinvigorated interest in property listings. The 2021 Level 4 lockdown has trumped the 2020 Level 4 lockdown as per sources from the Real Estate Institute. The market reflected the fait...

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Christchurch Housing Market Drives Impressive Growth in Building Consents

person By Hadar alarm10th Aug, 2021
Christchurch Housing Market

Insatiable demand from investors and homebuyers has prompted the development of numerous new homes in Christchurch. The city has issued building consents for as many as 2800 new projects hitherto, in the last 12 months. The Christchurch housing market now reflects a 12% year-on-year growth in 2020-21, in this regard. What’s fueling the grow...

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Christchurch Housing Market – Key Updates You Should Know About

person By Hadar alarm28th Jul, 2021
Christchurch Housing Market

Christchurch has always been touted as one of the most affordable housing markets in NZ. But, that is definitely changing, as the region has tasted its fair share of million-dollar-plus residential asset sales in this financial year.  Like everywhere else in NZ, the median house price in the Christchurch housing market has jumped reaching a median...

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Auckland Housing Market Defies Forecasts with a 30% Price Hike

person By Hadar alarm20th Jul, 2021
Auckland Housing Market

The Auckland Housing market has baffled pundits and consumers alike by rising 28.7%, against all expectations and forecasts. This spelled a national median of $820,000 by June, according to institutional real estate news agencies. At least five out of sixteen regions in NZ have hit new median prices for housing; one region held on to the same media...

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Auckland Housing Market News Reports National Median Price of $805K

person By Hadar alarm6th Jun, 2021
Auckland housing market news

In 2021, the annual increase in asking price reached 16% by March. The Auckland housing market news was quite iterative of the impressive sale numbers- in spite of a drop in supply by 9%, and a demand increase by 26%, in March. Wellington leads the pack with its highest year-on-year growth, clocking 20% above the average asking price prevalent thi...

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3 Tips for Skillfully Selling Property in Bad Condition

person By Hadar alarm5th Jun, 2021
Selling Property in Bad Condition

In any market, it is difficult to offload a commodity that is in bad shape. That applies even more to real estate deals. Generally, when we mention ‘property’ and ‘bad condition’, we can consider multiple shortcomings with the asset by a thumb rule, which makes it further difficult to offload properties in bad condition. Therefore, for sell...

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Is the Auckland Housing Market Entering a Cool-off Period?

person By Hadar alarm28th May, 2021
Auckland Housing Market

Expert industry study of the Auckland housing market numbers in early May has led to pundits concluding a decrease in buyer interest. The Auckland housing market performed magnificently in the first 6 months of the calendar year. But, an 11% decrease in buyer demands for property valuations has been noted in early May, compared to the past 6 months...

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Auckland Real Estate Market Begins 2021 On A High Note

person By Hadar alarm13th Apr, 2021
auckland real estate

The Auckland Real Estate market left investors and buyers spoilt for choices 2020, begins on a high note in 2021. The real estate market in Auckland witnessed booming business in March 2020. This came as a welcome decision on the heels of the New Zealand’s effort to uphold financial fair play. A further promise of a cash infusion of $4 billi...

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