Today's release of house sales data by the REINZ is a good time to review the resources we have for staying on top of these trends.
You can track the REINZ median sales price here, and you can track QV's three monthly rolling average price here.
The REINZ data is displayed by region as well as nationally.
You can also track the volume of transactions by region here.
And you can track the average days-to-sell (by the final selling agent) here, also by region.
We have national splits by price bands here.
The annualised changes in prices are here, as are the changes in sales volumes vs the same month a year ago.
Until April we were able to track the REINZ/RBNZ stratified price index in the main centres, but the REINZ have put that data behind a paywall not, so we are not able to keep it up-to-date.
One other item has been in the news recently - Barfoot's market share in Auckland, and we track that here. (It was 41.5% in June.)
Here is a table of median price changes by region comparing June 2015 with June 2014. This clearly shows the separation Auckland prices have from the rest of the country. (The high ranking of Southland in this table is more to do with the unusually low June 2014 median - see the other months for this region here.)
| June 2014 | June 2015 | change | |
| $ | $ | % | |
| Auckland | 600,000 | 755,000 | +25.8% |
| Southland | 165,000* | 205,000 | +24.2% |
| Central Otago Lakes | 463,000 | 512,500 | +10.7% |
| Northland | 295,000 | 315,000 | +6.8% |
| Otago | 235,000 | 249,000 | +6.0% |
| New Zealand | 427,000 | 450,000 | +5.4% |
| Waikato/BOP | 336,000 | 346,750 | +3.2% |
| Hawkes Bay | 271,500 | 290,000 | +3.1% |
| Canterbury/Westland | 409,900 | 418,000 | +2.2% |
| Wellington | 385,000 | 390,000 | +1.3% |
| Taranaki | 306,250 | 303,250 | -1.0% |
| Nelson/Marlborough | 362,000 | 348,900 | -3.6% |
| Manawatu/Whanganui | 231,000 | 221,100 | -4.3% |
* June and July 2014 data was unusually low.
Housing sales - market price segments
Select chart tabs
2 Comments
Barfoots are very open with their data - for example here is a full list of sales that took place in April http://www.barfoot.co.nz/market-reports/2015/april/full-list-of-residen… As most are auctions and usually have settlement one month after the auction then most of these April sales will have settled. All one needs to do is sign up for an account with Core Logic, QV etc and it is then possible to check who purchased every property on the list and look into how many other properties they own. One reason for homes being left vacant would be that the owner doesn't want to collect rent and pay tax and then be on the IRD radar.
You can also look at all of the salespeople including the top 25 sales people's sales history http://www.barfoot.co.nz/news/2015/may/top-salespeople-2015 The top salesperson has 35 listings right now and was involved in the sale of 19 properties in May alone http://www.barfoot.co.nz/y.wang2/Sold-Properties Most of the top 25 salespeople would be earning well in excess of $1m per year. The data available on Barfoots website is very open so it is surprising Mr Thompson is so upset about the Labour Party analysis. It is just the names of buyers that you cannot find on the Barfoots website but they are easily found once the sales settle. Labour could have taken the list of addresses for homes sold in February directly off Barfoots website then waited until one month later and searched public record ownership information via several other sources.
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