Real Estate
Almost 500 properties went under the hammer at the latest auctions with 41% selling under the hammer
22nd Feb 25, 6:00am
74
Almost 500 properties went under the hammer at the latest auctions with 41% selling under the hammer
Auckland's median price dropped $51,000 in January, national median down $30,000
19th Feb 25, 9:00am
199
Auckland's median price dropped $51,000 in January, national median down $30,000
Listings on Trade Me Property at a five year high in January while asking prices were in decline
17th Feb 25, 9:23am
136
Listings on Trade Me Property at a five year high in January while asking prices were in decline
Auction activity little changed from late last year with no big upturn or major drop in activity
15th Feb 25, 6:00am
146
Auction activity little changed from late last year with no big upturn or major drop in activity
First home buyers are becoming increasingly active in the housing market but they are choosing carefully
13th Feb 25, 9:52am
74
First home buyers are becoming increasingly active in the housing market but they are choosing carefully
QV sees some small value increases creeping into the housing market
Prices down and stock levels rising as 2025 gets underway for Barfoot & Thompson
4th Feb 25, 10:39am
181
Prices down and stock levels rising as 2025 gets underway for Barfoot & Thompson
Total stock of homes for sale hits 9-year high for the time of year, putting buyers in an even stronger position for 2025
3rd Feb 25, 5:00am
137
Total stock of homes for sale hits 9-year high for the time of year, putting buyers in an even stronger position for 2025
Sales rate at January auctions nudged past 50% for the first time since July 2023
1st Feb 25, 6:27am
229
Sales rate at January auctions nudged past 50% for the first time since July 2023
CoreLogic House Value Index declined by just 0.07% nationally in January
Latest Reserve Bank figures show of more than $8 billion of new mortgage commitments in December, over $2 billion was customers swapping loan providers
29th Jan 25, 3:45pm
12
Latest Reserve Bank figures show of more than $8 billion of new mortgage commitments in December, over $2 billion was customers swapping loan providers
Buyers remained very cautious on price at the latest property auctions
Median asking rents in Auckland, BoP declined 1.5% in December according to Trade Me Property
24th Jan 25, 9:38am
132
Median asking rents in Auckland, BoP declined 1.5% in December according to Trade Me Property
Buyers likely to retain the whip hand as the housing market heads into 2025
23rd Jan 25, 10:00am
128
Buyers likely to retain the whip hand as the housing market heads into 2025
REINZ says December was especially quiet and buyers had plenty to choose from as housing inventory surged
22nd Jan 25, 9:00am
176
REINZ says December was especially quiet and buyers had plenty to choose from as housing inventory surged
Asking prices of homes for sale on Realestate.co.nz fell again in December taking them -17.6% below their January 2022 peak
10th Jan 25, 5:00am
147
Asking prices of homes for sale on Realestate.co.nz fell again in December taking them -17.6% below their January 2022 peak
Barfoot & Thompson's sales and selling prices were both lower in December on seasonality factors but their mountain of stock remains an issue even if they sold slightly more in the month than they took in new listings
7th Jan 25, 10:24am
121
Barfoot & Thompson's sales and selling prices were both lower in December on seasonality factors but their mountain of stock remains an issue even if they sold slightly more in the month than they took in new listings
CoreLogic says both Auckland and Wellington are still getting downward pressure on house prices although some regional centers are basically steady now. 2025 will have to deal with conflicting forces
3rd Jan 25, 1:23pm
87
CoreLogic says both Auckland and Wellington are still getting downward pressure on house prices although some regional centers are basically steady now. 2025 will have to deal with conflicting forces
Falling house prices at the bottom of the market and lower mortgage rates improve affordability for first home buyers
21st Dec 24, 9:00am
74
Falling house prices at the bottom of the market and lower mortgage rates improve affordability for first home buyers
Although more properties were auctioned in 2024, the sales rate dropped to 35% from 40% in 2023
21st Dec 24, 6:31am
32
Although more properties were auctioned in 2024, the sales rate dropped to 35% from 40% in 2023
Unsold residential properties are sitting on the market for longer rather than being removed from sale
18th Dec 24, 10:39am
97
Unsold residential properties are sitting on the market for longer rather than being removed from sale
November housing market quiet in Auckland, more buoyant in rest of the country, REINZ says
17th Dec 24, 9:00am
82
November housing market quiet in Auckland, more buoyant in rest of the country, REINZ says
Auction activity slowing as the market heads towards its last gasp before the Christmas break
14th Dec 24, 10:38am
49
Auction activity slowing as the market heads towards its last gasp before the Christmas break
'There's very little to suggest that house prices will suddenly take off any time soon,' says QV
10th Dec 24, 5:00am
141
'There's very little to suggest that house prices will suddenly take off any time soon,' says QV
Just over a third selling under the hammer at the latest residential auctions