Posts Tagged ‘christchurch’

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 …

Market News

Sunday, April 3rd, 2022

Market trends show a slowing of sales nationwide, particularly within the capital city, Wellington and New Zealand’s largest city, Auckland could be following:

 

“Inventory data shows that properties in Wellington are taking longer to sell than they have, on …

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 …

Property Management March 2022 News

Wednesday, March 23rd, 2022

From the Property Management Team

We are a good 2 ½ months into the year of 2022 and already we have had to adapt and change to a rapidly changing landscape in respect of New Zealand in general and more …

January 2022 Market News

Wednesday, February 16th, 2022

The Holiday Period has resulted in an Expected market Slowing.

“There is a 5.3% decrease from December to January. Allowing for the usual seasonal trends, this January is weaker than a typical first month of the year.”

 

Canterbury –

December 2021 Market Report

Thursday, January 20th, 2022

Property sales down in December

“However, the usual holiday slowdown was less evident and there were reports of sales activity right up until Christmas.

The latest changes to bank lending criteria are having a negative impact on the number of …

Monthly Market Report

Tuesday, December 14th, 2021

PRICES  CONTINUE  TO RISE — GROWTH  RATE SHOWS SIGNS OF EASING

Median prices for residential property across New Zealand increased by 23.8% from $747,000 in November 2020 to $925,000 in November 2021 — a new record high.

 

Canterbury

“House …

How to build a property investment portfolio – our tips

Thursday, December 2nd, 2021

Why invest in property?

There are many different reasons why New Zealanders may invest in property.

Perhaps the most stand-out feature of real estate investment in terms of creating wealth is the ability for long term capital growth.
During this …