Unfortunately we are unable to publish the weekend auction report for the second week in a row due to technical difficulties processing the data.
However the report will appear in full early next week.
We apologise for any inconvenience this causes.
22 Comments
This is especially bad news for the DGM's they are continually asking for "Proof of Life".
There was a comment yesterday about baiting people and how it’s impacting the comment section……
I wonder if some of you guys should get together for a Christmas party and sort out over a beer. With name tags of course.
The reality is that we have had a very weird series of events and any party could be “right”. Anyone that thinks they are 100% correct is lacking in critical analysis skills.
Less baiting, more banter.
Having a beer with some of the guys on here? I can't think of anything worse. I avoid the groups at parties that constantly drone on about house prices and investment properties. Luckily I'm in the Manufacturing business so we tend to talk about interesting stuff (interesting to us anyway). Whose making what and which areas are doing well....it's a fun world out there if you are prepared to open your eyes.
Well I certainly don't come here to find people with a sense of humour obviously. If there continues to be housing related articles which there always will be because they attract the most comments by far you just have to take it as it comes. If you want something with name tags join a FaceBook group, currently I'm a member of 15 of them. By and large its pretty good banter on here considering its anonymous, I have had to drop several "Forums" in the past that are just full of dick heads and open abuse.
It's been a lot better since the moderators took the garbage out. Listening to TA on Newstalk..... he knows that swap rates will fall here, all the banks know lower rates are coming but their net margin is bloody near 260 points
Zwifter is your sense of humour like Benny Hill
Clearly, when it comes to property, no news still makes news......
TTP
Looking at barfoot auction results around 33% sold
This blip in the data reminds me of the homes.co website. How sales prices get buried with TBA. To Be Advised,,,, yeah sure mate.
Great image for the article, it's bound to excite a few here... hold onto your DGM hats...
Speculators would breathe a sigh of relief, considering the disastrous sales over the week
did I read that listings are well up on last Nov? ie around 43%? aussie has way to many listings and not enough demand... not even pent up demand
graphs interesting in here
https://www.oneroof.co.nz/news/oneroof-house-price-report-november-2023…
Image accurate even without data.
Perfecto!!!
✅
Last weeks auction Barfoot & Thompson Ponsonby and Central Suburbs
6 out of 30 sold
Epsom
3/3 Orakau Avenue – 856346 - Passed In
17 Pukenui Road – 856250 - Passed In
Greenlane
31 Wheturangi Road – 856694 - Passed In
Hillsborough
13A Aldersgate Road – 856191 - Passed In
Mission Bay
287 Kepa Road – 856501 - Passed In
56 Thatcher Street – 855223 - Sold $1,725,000
Morningside
2/671 New North Road – 856414 - Passed In
Mount Albert
4/23 Highland Road – 856631 - Passed In
41A Morningside Drive – 856390 - Sold $1,240,000
Mount Eden
87 Calgary Street – 856152 - Passed In
4/43 Grange Road – 856528 - Passed In
41 Landscape Road – 856186 - Passed In
11 Sylvan Avenue West – 856605 - Sold $3,382,000
25A Telford Avenue – 855238 - Passed In
One Tree Hill
134A Campbell Road – 853583 - Sold $2,130,000
35A Campbell Road – 855972 - Passed In
Onehunga
2/7 Hardington Street – 856664 - Passed In
151 Mount Smart Road – 856367 - Passed In
Orakei
141B Coates Avenue – 855827 - Sold $1,800,000
9 Sudeley Street – 856188 - Passed In
Parnell
17 Huntly Avenue – 855030 - Passed In
Point Chevalier
49B Dignan Street – 856765 - Passed In
3 Manor Place – 856362 - Passed In
Ponsonby
70 Islington Street – 856976 - Passed In
Remuera
38 Aldred Road – 855677 - Passed In
90 Ladies Mile – 856421 - Sold $1,330,000
Royal Oak
657 Mount Albert Road – 856131 - Passed In
Sandringham
12 Hulse Avenue – 855742 - Passed In
54B Kitchener Road – 856342 - Passed In
Upper mid market sales?
That's a shockingly good sales rate
That means the total number of residential properties for sale on Realestate.co.nz at the end of November was up 45% compared to November last year.
But asking prices have gone in the opposite direction and headed down for the month.
Tommy: What's Property Investment?
Turkish: They set two lurchers - they're dogs, before you ask. On a hare. And the hare has to outrun the dogs.
Tommy: So, what if it doesn't?
Turkish: Well the last Investor gets ****ed, doesn't it.
Tommy:[pauses and thinks] Proper ****ed?
Turkish: Yeah, Tommy. Before "Zee Germans" get there.
Two guys walk into a shop.
The first one looks to see what he can steal. The second guy isn't interested in stealing goods, he's hoping to get a steal
Perspective is everything
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