Posts Tagged ‘christchurch real estate’

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 …

Real Estate News March 2022

Wednesday, March 23rd, 2022

It was a roller coaster of a ride last year and it appears we have reached the peak. We don’t necessarily see any signs of a decline but market activity and has definitely slowed with fewer open home attendees and …

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

2020 New Zealand, Canterbury/Christchurch Market Report

Monday, March 9th, 2020

Busiest January in 4 Years!

The number of properties sold in January across New Zealand was up 3.2% on the same time last year making it the busiest January in 4 years according to the latest data from the Real …

Returning Clients Sell After 38 Years after Purchasing from us!

Friday, November 8th, 2019

We had a delightful experience recently with our great clients Graeme and Heather coming back to our company to sell their property after purchasing it through us 38 years ago!

In fact our company sold it to the owners before …

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. …

February 2019 Property Management & Real Estate News (Healthy Homes Bill)

Friday, March 22nd, 2019

After a super busy January and February – we now find ourselves into March and well into the year with all matters property related.

 



 

Many of you will now be familiar with the Healthy Homes Bill that was …