Real Estate
Falling house prices at the bottom of the market and lower mortgage rates improve affordability for first home buyers
21st Dec 24, 9:00am
71
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
96
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
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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
Housing market in a holding pattern, CoreLogic says, with different factors pushing the market in opposite directions
5th Dec 24, 12:01am
153
Housing market in a holding pattern, CoreLogic says, with different factors pushing the market in opposite directions
Average asking price of homes for sale on Realestate.co.nz dropped by almost $29,000 in October while stock levels were at an almost 10-year high
4th Dec 24, 5:00am
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Average asking price of homes for sale on Realestate.co.nz dropped by almost $29,000 in October while stock levels were at an almost 10-year high
Barfoot & Thompson's sales and selling prices both headed higher in November but the agency has a mountain of stock to deal with
3rd Dec 24, 10:43am
69
Barfoot & Thompson's sales and selling prices both headed higher in November but the agency has a mountain of stock to deal with
More first home buyers are purchasing a home of their own and they're paying more for them and borrowing more
30th Nov 24, 9:10am
76
More first home buyers are purchasing a home of their own and they're paying more for them and borrowing more
Reserve Bank increases its 2025 house price growth forecast; latest monthly figures show seasonally adjusted rise of 3.3% in committed mortgages; investors take biggest share of mortgage money since early 2021
28th Nov 24, 9:02am
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Reserve Bank increases its 2025 house price growth forecast; latest monthly figures show seasonally adjusted rise of 3.3% in committed mortgages; investors take biggest share of mortgage money since early 2021
Auction sales rate declined to 35% from 44% over the last four weeks as buyers pick and choose
23rd Nov 24, 6:00am
136
Auction sales rate declined to 35% from 44% over the last four weeks as buyers pick and choose
A very slight dip in auction sales last week with 39% of auctioned properties selling under the hammer
19th Nov 24, 9:57am
31
A very slight dip in auction sales last week with 39% of auctioned properties selling under the hammer
Housing market warms over spring but it's not exactly tropical
Almost 13% of Auckland residential property sales in Q3 made a loss as buyers drive prices down
13th Nov 24, 12:01am
149
Almost 13% of Auckland residential property sales in Q3 made a loss as buyers drive prices down
Housing values bouncing along the bottom according to Quotable Value
More properties being auctioned and 42% selling under the hammer
Barfoot & Thompson's sales declined in October but prices rose and new listings were at a record high
4th Nov 24, 10:34am
68
Barfoot & Thompson's sales declined in October but prices rose and new listings were at a record high
Housing market moving further in buyers' favour with the number of homes for sale at a 10-year high
1st Nov 24, 10:36am
159
Housing market moving further in buyers' favour with the number of homes for sale at a 10-year high
David Mahon details what the Chinese government's doing as it tackles its largest economic crisis in 40 years
30th Oct 24, 11:31am
32
David Mahon details what the Chinese government's doing as it tackles its largest economic crisis in 40 years
Of the 438 properties on offer at the latest auctions, 192 sold under the hammer
26th Oct 24, 7:01am
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Of the 438 properties on offer at the latest auctions, 192 sold under the hammer
Latest figures suggest about 5000 people a month are moving into a home of their own for the first time
25th Oct 24, 11:45am
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Latest figures suggest about 5000 people a month are moving into a home of their own for the first time
Latest mortgage figures from the Reserve Bank show, on a seasonally adjusted basis, mortgage commitments by value rose 6.9% in September
24th Oct 24, 3:54pm
29
Latest mortgage figures from the Reserve Bank show, on a seasonally adjusted basis, mortgage commitments by value rose 6.9% in September
Residential commission for real estate agencies rose 10% in the third quarter year-on-year, showing signs of steady growth
23rd Oct 24, 11:30am
34
Residential commission for real estate agencies rose 10% in the third quarter year-on-year, showing signs of steady growth