Real Estate
Worst housing sales volume slump in 40 years as CoreLogic records the lowest February sales since 1981
23rd Mar 23, 12:01am
114
Worst housing sales volume slump in 40 years as CoreLogic records the lowest February sales since 1981
Auction activity has dipped for two weeks in a row but the sales rate is steady at just over a third
18th Mar 23, 6:00am
61
Auction activity has dipped for two weeks in a row but the sales rate is steady at just over a third
Dramatic slide in house prices affecting both Auckland's most expensive and cheapest suburbs
15th Mar 23, 11:16am
155
Dramatic slide in house prices affecting both Auckland's most expensive and cheapest suburbs
Housing sales down, prices down, listings down, stock levels up as properties sit on the market unsold
14th Mar 23, 9:01am
178
Housing sales down, prices down, listings down, stock levels up as properties sit on the market unsold
Median housing values in upmarket suburbs such as Auckland's St Mary's Bay & Wellington's Karaka Bay down more than $300k over the last 12 months
13th Mar 23, 11:12am
60
Median housing values in upmarket suburbs such as Auckland's St Mary's Bay & Wellington's Karaka Bay down more than $300k over the last 12 months
Auction prices appear strongest in Christchurch, weakest in central Auckland
11th Mar 23, 9:00am
111
Auction prices appear strongest in Christchurch, weakest in central Auckland
The decline in property values is gathering pace according to the latest QV figures
9th Mar 23, 5:00am
151
The decline in property values is gathering pace according to the latest QV figures
More new homes being built but they are taking longer to finish as the effect of industry disruptions come home to roost
8th Mar 23, 10:24am
80
More new homes being built but they are taking longer to finish as the effect of industry disruptions come home to roost
Latest Statistics NZ figures suggest building activity peaked in Q3 2022 and started to decline in Q4
6th Mar 23, 12:02pm
26
Latest Statistics NZ figures suggest building activity peaked in Q3 2022 and started to decline in Q4
Auction rooms reasonably busy given the state of the market but buyers remain cautious
4th Mar 23, 6:40am
36
Auction rooms reasonably busy given the state of the market but buyers remain cautious
Barfoot & Thompson's residential sales plunged in February while stock levels rose substantially
2nd Mar 23, 10:31am
85
Barfoot & Thompson's residential sales plunged in February while stock levels rose substantially
Housing market awash with unsold properties at what should be its busiest time of the year
2nd Mar 23, 5:00am
124
Housing market awash with unsold properties at what should be its busiest time of the year
Average value of NZ homes down $99k from March 2022 peak, Auckland values down $186k, Wellington values down $215k
1st Mar 23, 12:01am
146
Average value of NZ homes down $99k from March 2022 peak, Auckland values down $186k, Wellington values down $215k
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 4.1% in the 12 months to January, the slowest annual rate of growth in exactly 10 years
28th Feb 23, 4:11pm
11
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 4.1% in the 12 months to January, the slowest annual rate of growth in exactly 10 years
Just over a third selling under the hammer looks like the new normal in the auction rooms
27th Feb 23, 10:54am
20
Just over a third selling under the hammer looks like the new normal in the auction rooms
Almost a third of first home buyers have less than a 20% deposit and the average amount they're paying for a home is down $58,300 since April last year
25th Feb 23, 7:15am
119
Almost a third of first home buyers have less than a 20% deposit and the average amount they're paying for a home is down $58,300 since April last year
Big regional differences in median rent movements last year, with rents in New Plymouth and Napier up $60 a week, rents in Whakatane down $28, Auckland rents unchanged
23rd Feb 23, 10:58am
53
Big regional differences in median rent movements last year, with rents in New Plymouth and Napier up $60 a week, rents in Whakatane down $28, Auckland rents unchanged
Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
21st Feb 23, 12:12pm
96
Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
The auction sale rate edged up slightly to 38% last week
A third of properties sold under the hammer at Barfoot & Thompson's latest auctions
18th Feb 23, 6:51am
64
A third of properties sold under the hammer at Barfoot & Thompson's latest auctions
More homes are being resold at a loss with apartments being particularly badly hit
17th Feb 23, 10:00am
115
More homes are being resold at a loss with apartments being particularly badly hit
Median house price declines over the past year are now being measured in hundreds of thousands of dollars in some places
15th Feb 23, 11:40am
97
Median house price declines over the past year are now being measured in hundreds of thousands of dollars in some places
Housing market outlook grim as sales slump to a record low and the number of homes for sale surges
14th Feb 23, 11:04am
122
Housing market outlook grim as sales slump to a record low and the number of homes for sale surges
QV figures show average NZ house values down $129,000 in January year, Auckland and Wellington values down $220,000
14th Feb 23, 5:00am
82
QV figures show average NZ house values down $129,000 in January year, Auckland and Wellington values down $220,000
Auckland builders still busy with 13,865 new homes completed in the region last year
13th Feb 23, 11:44am
25
Auckland builders still busy with 13,865 new homes completed in the region last year