Real Estate
Auction sales rate appears to be settling at just under a third for winter
The housing market is on ice with downside risk to their annual forecast for 3% price rises, ANZ economists say
30th May 24, 3:46pm
21
The housing market is on ice with downside risk to their annual forecast for 3% price rises, ANZ economists say
ASB survey shows more people are expecting interest rates to fall but they remain uncertain about prices and whether it's a good time to buy
29th May 24, 5:00am
40
ASB survey shows more people are expecting interest rates to fall but they remain uncertain about prices and whether it's a good time to buy
The number of real estate agencies and salespeople is declining as the housing market cools
28th May 24, 11:02am
42
The number of real estate agencies and salespeople is declining as the housing market cools
Banks are lending more to first home buyers with less than a 20% deposit
Overall national sales rate of 30% at the latest residential property auctions, 27% in Auckland
25th May 24, 6:37am
168
Overall national sales rate of 30% at the latest residential property auctions, 27% in Auckland
Relatively flat residential auction numbers and sales rates
A huge overhang of unsold properties is squeezing the housing market in buyers' favour
17th May 24, 9:57am
149
A huge overhang of unsold properties is squeezing the housing market in buyers' favour
The number of properties selling at a loss is rising, CoreLogic says
The REINZ House Price Index dropped in 10 out of 12 regions last month
Fewer properties being auctioned as winter takes hold - a third sell under the hammer
13th May 24, 11:26am
82
Fewer properties being auctioned as winter takes hold - a third sell under the hammer
Fewer new homes are being built but the cost of building them keeps rising
A jump in the number of properties being auctioned but only 31% sell under the hammer
6th May 24, 10:37am
73
A jump in the number of properties being auctioned but only 31% sell under the hammer
Barfoot & Thompson's sales numbers and selling prices dropped last month, stock levels remain high
2nd May 24, 10:43am
75
Barfoot & Thompson's sales numbers and selling prices dropped last month, stock levels remain high
Vendors with unsold properties will face some difficult decisions heading into winter
1st May 24, 10:27am
77
Vendors with unsold properties will face some difficult decisions heading into winter
ANZ report says Auckland housing market has remained soft despite the recent surge in net migration
29th Apr 24, 2:59pm
54
ANZ report says Auckland housing market has remained soft despite the recent surge in net migration
Weak auction results in Waikato and Bay of Plenty, falling sales rates in Gisborne and Canterbury
29th Apr 24, 11:08am
24
Weak auction results in Waikato and Bay of Plenty, falling sales rates in Gisborne and Canterbury
First home buyers are paying $659,481 on average to get into a home of their own
27th Apr 24, 6:43am
37
First home buyers are paying $659,481 on average to get into a home of their own
Fewer properties offered at residential property auctions, less than a third selling under the hammer
20th Apr 24, 6:39am
73
Fewer properties offered at residential property auctions, less than a third selling under the hammer
Auction activity easing back as the housing market heads deeper into autumn
Low sales volumes, falling prices and high stock levels suggest it's going to be a difficult winter for the housing market
16th Apr 24, 9:00am
96
Low sales volumes, falling prices and high stock levels suggest it's going to be a difficult winter for the housing market
The number of homes offered at auction dropped by more than a third after Easter, with 30% selling under the hammer
6th Apr 24, 6:01am
111
The number of homes offered at auction dropped by more than a third after Easter, with 30% selling under the hammer
Barfoot & Thompson's average sales price rose $111,345 in March but rising stock levels a worry
4th Apr 24, 10:42am
79
Barfoot & Thompson's average sales price rose $111,345 in March but rising stock levels a worry
Housing values inched higher in early 2024, CoreLogic says
Overall sales rate from last week's auctions dropped to 28%