Real Estate

Housing market still in buyers' favour, little chance of runaway prices anytime soon, Cotality says

Housing market still in buyers' favour, little chance of runaway prices anytime soon, Cotality says

Average asking prices on Realestate.co.nz down almost $60,000 since February while stock for sale hits a 12-year high

Average asking prices on Realestate.co.nz down almost $60,000 since February while stock for sale hits a 12-year high

Just over a third of the properties offered at the latest auctions sold under the hammer

Just over a third of the properties offered at the latest auctions sold under the hammer

The number of properties being offered at auction is dropping as fast as the outside temperature on a cold winter's night

The number of properties being offered at auction is dropping as fast as the outside temperature on a cold winter's night

Department of Internal Affairs issues public AML warnings to six law firms, a real estate agency, a non-bank non-deposit-taking lender, an accounting service provider and a payment provider over failing to complete required independent audits

Department of Internal Affairs issues public AML warnings to six law firms, a real estate agency, a non-bank non-deposit-taking lender, an accounting service provider and a payment provider over failing to complete required independent audits

Less than 300 properties offered at the latest auctions around the country for the second week in a row but the sales rate edged up to just over a third

Less than 300 properties offered at the latest auctions around the country for the second week in a row but the sales rate edged up to just over a third

Prospective tenants have plenty of properties to choose from with vacant rental stock remaining elevated

Prospective tenants have plenty of properties to choose from with vacant rental stock remaining elevated

National average asking price on Trade Me Property down $50,000 over the last three months with Auckland's down $91,300

National average asking price on Trade Me Property down $50,000 over the last three months with Auckland's down $91,300

Fewer properties on offer, fewer selling under the hammer and prices easing - a chilly first week of winter at the latest auctions

Fewer properties on offer, fewer selling under the hammer and prices easing - a chilly first week of winter at the latest auctions

Residential building consents up strongly in April year, non-residential building work flat

Residential building consents up strongly in April year, non-residential building work flat

Barfoot & Thompson's sales numbers and selling prices were firmer in May but stock levels were at their highest since 2008

Barfoot & Thompson's sales numbers and selling prices were firmer in May but stock levels were at their highest since 2008

Homes for sale on Realestate.co.nz at 12-year high for the month of May while asking prices declined for the third consecutive month

Homes for sale on Realestate.co.nz at 12-year high for the month of May while asking prices declined for the third consecutive month

Currently low rental yields suggest negative cash flows could be a possibility for mortgaged investors

Currently low rental yields suggest negative cash flows could be a possibility for mortgaged investors

Exactly a third of the properties on offer sold under the hammer at the latest auctions

Exactly a third of the properties on offer sold under the hammer at the latest auctions

First home buyers estimated to have paid an average of $682,000 for a home of their own in April, down from $692,000 in March

First home buyers estimated to have paid an average of $682,000 for a home of their own in April, down from $692,000 in March