Real Estate
Buyers likely to retain the whip hand as the housing market heads into 2025
23rd Jan 25, 10:00am
104
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
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
106
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
159
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