Real Estate
Strong sales results at the auctions in Canterbury, Central Otago and Southland last week but results remained weak in the North Island
16th Aug 22, 12:54pm
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Strong sales results at the auctions in Canterbury, Central Otago and Southland last week but results remained weak in the North Island
CoreLogic says housing market at a turning point as more properties sell at a loss
16th Aug 22, 5:00am
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CoreLogic says housing market at a turning point as more properties sell at a loss
Huge decline in the number of properties being auctioned by Auckland's largest real estate agency with the sales rate down even more
13th Aug 22, 6:00am
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Huge decline in the number of properties being auctioned by Auckland's largest real estate agency with the sales rate down even more
More than a year's worth of capital gains have evaporated, the REINZ House Price Index shows
12th Aug 22, 10:24am
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More than a year's worth of capital gains have evaporated, the REINZ House Price Index shows
Auction sales rate dropped from a third to a quarter last week
The Housing market slump deepened in July with sales at a 12-year low for the month
11th Aug 22, 9:00am
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The Housing market slump deepened in July with sales at a 12-year low for the month
Average dwelling values declining throughout NZ with values in Wellington, Palmerston North and Dunedin having the sharpest falls
9th Aug 22, 5:00am
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Average dwelling values declining throughout NZ with values in Wellington, Palmerston North and Dunedin having the sharpest falls
Overall sales rate of just 15% at Barfoot & Thompson's latest weekly auctions
The housing market may have hit peak gloom already, with no sign of a wave of distressed sales - Tony Alexander/REINZ survey
3rd Aug 22, 3:20pm
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The housing market may have hit peak gloom already, with no sign of a wave of distressed sales - Tony Alexander/REINZ survey
Average housing values in Auckland down by more than $85,000 since March
A third of properties sold under the hammer at last week's auctions, up from a quarter the week before
2nd Aug 22, 11:34am
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A third of properties sold under the hammer at last week's auctions, up from a quarter the week before
Barfoot & Thompson's median price down $130,000 from its November 2021 peak as July sales hit 22 year low
2nd Aug 22, 10:34am
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Barfoot & Thompson's median price down $130,000 from its November 2021 peak as July sales hit 22 year low
The number of homes for sale has more than doubled year-on-year, with the national average asking price declining by $87k from its peak
1st Aug 22, 9:46am
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The number of homes for sale has more than doubled year-on-year, with the national average asking price declining by $87k from its peak
Less than 100 homes sold to foreign buyers in the June quarter, while foreign owners sold more than 200 of their NZ properties
28th Jul 22, 12:04pm
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Less than 100 homes sold to foreign buyers in the June quarter, while foreign owners sold more than 200 of their NZ properties
RBNZ figures show that fewer than 15,000 mortgages were issued last month - easily a record low for a June since the data began being collected in 2013
26th Jul 22, 3:43pm
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RBNZ figures show that fewer than 15,000 mortgages were issued last month - easily a record low for a June since the data began being collected in 2013
Estimated real estate agency commissions at their lowest level since NZ went into its first Covid lockdown in March 2020
25th Jul 22, 11:40am
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Estimated real estate agency commissions at their lowest level since NZ went into its first Covid lockdown in March 2020
Just a dozen properties a week selling under the hammer at Barfoot & Thompson's latest auctions
23rd Jul 22, 6:51am
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Just a dozen properties a week selling under the hammer at Barfoot & Thompson's latest auctions
First home buyers must navigate between the swings and roundabouts of lower house prices and higher mortgage interest rates
22nd Jul 22, 10:02am
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First home buyers must navigate between the swings and roundabouts of lower house prices and higher mortgage interest rates
The number of residential properties being auctioned slumped further last week - just over a quarter sold under the hammer
19th Jul 22, 9:59am
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The number of residential properties being auctioned slumped further last week - just over a quarter sold under the hammer
Just 12 residential properties sold under the hammer at Barfoot & Thompson's latest auctions
16th Jul 22, 6:43am
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Just 12 residential properties sold under the hammer at Barfoot & Thompson's latest auctions
Residential auction activity remains at low levels around New Zealand
New figures suggest residential construction may have been declining for the last 12 months
12th Jul 22, 7:08am
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New figures suggest residential construction may have been declining for the last 12 months
Barfoot & Thompson auctioned 101 properties over the last week, half as many as a year ago, with less than a quarter selling under the hammer compared to two thirds last year
9th Jul 22, 6:42am
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Barfoot & Thompson auctioned 101 properties over the last week, half as many as a year ago, with less than a quarter selling under the hammer compared to two thirds last year
Auckland, Wellington and Palmerston North experience the biggest falls in housing values
8th Jul 22, 5:00am
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Auckland, Wellington and Palmerston North experience the biggest falls in housing values
Established home owners may be well placed to make the move up to their next dream home, but a range of factors could be making them cautious
7th Jul 22, 9:49am
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Established home owners may be well placed to make the move up to their next dream home, but a range of factors could be making them cautious