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Real Estate

Barfoot & Thompson's sales flat, prices edge up in June as Managing Director says current housing market cycle 'probably one of the hardest Aucklanders have been through in recent years'
5th Jul 23, 10:34am
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Barfoot & Thompson's sales flat, prices edge up in June as Managing Director says current housing market cycle 'probably one of the hardest Aucklanders have been through in recent years'
Average value of Auckland dwellings sank almost $40,000 last month, national average value down 11% year-on-year
5th Jul 23, 12:01am
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Average value of Auckland dwellings sank almost $40,000 last month, national average value down 11% year-on-year
Statistics NZ says there were 5856 fewer new homes consented in the May year versus the previous 12 months
3rd Jul 23, 11:55am
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Statistics NZ says there were 5856 fewer new homes consented in the May year versus the previous 12 months
Average asking price on Realestate.co.nz declined for the fourth consecutive month in June
3rd Jul 23, 8:01am
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Average asking price on Realestate.co.nz declined for the fourth consecutive month in June
Just under half the properties on offer were sold under the hammer at the latest auctions
1st Jul 23, 6:00am
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Just under half the properties on offer were sold under the hammer at the latest auctions
First home buyers paying about $669,000 on average for a home and taking on a $556,000 mortgage
28th Jun 23, 11:02am
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First home buyers paying about $669,000 on average for a home and taking on a $556,000 mortgage
Tailwinds will overpower the headwinds facing the housing market and push prices up, ANZ's economists say
27th Jun 23, 2:34pm
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Tailwinds will overpower the headwinds facing the housing market and push prices up, ANZ's economists say
The volume of homes for sale is weighing heavily on the housing market
27th Jun 23, 11:36am
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The volume of homes for sale is weighing heavily on the housing market
Moving up the property ladder is still affordable for most existing home owners
26th Jun 23, 12:32pm
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Moving up the property ladder is still affordable for most existing home owners
Fewer properties on offer at the latest auctions but sales picked up slightly
24th Jun 23, 8:03am
130
Fewer properties on offer at the latest auctions but sales picked up slightly
Average rent on newly tenanted homes increased by $25 a week in the year to April
21st Jun 23, 11:04am
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Average rent on newly tenanted homes increased by $25 a week in the year to April
Latest real estate figures suggest the gap between asking prices and selling prices is starting to reduce
17th Jun 23, 9:10am
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Latest real estate figures suggest the gap between asking prices and selling prices is starting to reduce
An improved sales rate at the Auckland auctions but sales slumped in Canterbury
17th Jun 23, 7:02am
73
An improved sales rate at the Auckland auctions but sales slumped in Canterbury
REINZ figures show the lowest May sales since 2011 apart from 2020 lockdown - prices continue to decline
15th Jun 23, 9:00am
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REINZ figures show the lowest May sales since 2011 apart from 2020 lockdown - prices continue to decline
New Zealand's average dwelling value dropped another $13,571 last month with values in Queenstown-lakes falling more than $18k
13th Jun 23, 5:00am
85
New Zealand's average dwelling value dropped another $13,571 last month with values in Queenstown-lakes falling more than $18k
[updated]
The latest auction results suggest vendors may be getting more realistic about price when setting their reserves
10th Jun 23, 6:00am
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The latest auction results suggest vendors may be getting more realistic about price when setting their reserves
A substantial rise in the number of consented Auckland building projects not proceeding is likely
9th Jun 23, 8:45am
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A substantial rise in the number of consented Auckland building projects not proceeding is likely
Residential auction activity slowed slightly for the start of the winter season
3rd Jun 23, 6:00am
33
Residential auction activity slowed slightly for the start of the winter season
Barfoot & Thompson's selling prices slide with May sales volumes sinking to a 15 year low, excluding lockdown months
2nd Jun 23, 11:04am
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Barfoot & Thompson's selling prices slide with May sales volumes sinking to a 15 year low, excluding lockdown months
Average value of Auckland homes declining by $333 a day, national average declining by $200 a day
1st Jun 23, 1:00am
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Average value of Auckland homes declining by $333 a day, national average declining by $200 a day
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 3.2% over the past 12 months, which is the slowest rate of annual growth since late 2012
31st May 23, 3:55pm
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Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 3.2% over the past 12 months, which is the slowest rate of annual growth since late 2012
There are early signs that first home buyer activity could be starting to stabilise
29th May 23, 11:17am
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There are early signs that first home buyer activity could be starting to stabilise
The Budget doesn't seem to have had much effect on activity at the latest residential property auctions
27th May 23, 6:00am
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The Budget doesn't seem to have had much effect on activity at the latest residential property auctions
More pain and less gain in the housing market as more homes sell at a loss, says CoreLogic
24th May 23, 1:00am
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More pain and less gain in the housing market as more homes sell at a loss, says CoreLogic
About 13,000 recent home buyers could now be facing negative equity
22nd May 23, 1:37pm
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About 13,000 recent home buyers could now be facing negative equity