Posts Tagged ‘real estate’

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 …

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 …

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