Posts Tagged ‘canterbury’

July Market News

Friday, August 12th, 2022

Trends we are noticing are:

  • Hesitancy amongst buyers due to higher mortgage cost and concerns over inflation
  • Market activity and prices have eased to moderate pace
  • First home buyers are beginning to return to the market

“Real estate markets are …

June Market News

Tuesday, July 12th, 2022

Trends we are noticing are:

  • Hesitancy amongst buyers due to higher mortgage cost and concerns over inflation
  • The market has slowed down to moderate pace
  • More negotiation happening

“Canterbury was the region with the strongest annual percentage growth in June. …

May Market News

Tuesday, June 14th, 2022

Trends we are noticing are:

  • Median days to sell has increased again to 43 days from last month’s 38 days.
  • The price growth of last year is receding
  • Tightening of lending criteria and rate increase has further slowed the activity

April Market News

Wednesday, May 11th, 2022

Trends we are noticing are:

  • Tightening of lending criteria and rate increase has slowed the activity of sales
  • Fall in month-to-month median prices
  • Annual price moderate growth

 

“Across New Zealand, the number of residential property sales decreased annually by …

March Market News

Tuesday, April 19th, 2022

Trends we are noticing are:

  • Tightening of lending criteria has slowed the activity of sales
  • Buyer competition has eased
  • Prices have remained steady

 

“With buyer demand subdued, sales activity experienced a 25.2% decrease and properties spent an additional five …

Autumn 2021 Property Market Summary

Tuesday, September 14th, 2021

Key takeaways from the Canterbury property market

National median house price up 25.5% to $850,000 – A record price

Canterbury saw median house prices reach a record $595,000 in July, up 24.7% from the same time last year

“Median house

Monthly Property Market Summary

Sunday, August 15th, 2021

Key takeaways from the Canterbury property market

Canterbury saw median house prices reach a record $595,000 in July, up 24.7% from the same time last year.

Canterbury saw a 48.6% decrease in the total number of properties available to

Market Overview Winter 2021

Wednesday, July 14th, 2021

Key takeaways from the Canterbury property market

Open home attendance is slightly down on last month which may be due to the usual winter slowdown, but it is expected to return in late Spring to pre-Christmas period.” – Jen

Real Estate 2019 Wrap Up

Thursday, December 12th, 2019

We have Dissected for you the Main Takeaways from the Canterbury/Christchurch Property Market in 2019

 

 

 

  • The median price trend continues to increase slightly
  • The sales volume trend has been stable to increasing over the past year
  • The

Christchurch Property Market Quarter One 2019

Monday, May 13th, 2019

The latest news in May is that the OFC (Official Cash Rate) is cut to an all time low!

A weakening job market and unenthusiastic inflation has led the Reserve Bank to cut the OCR to an all time low. …