NZ housing market on the up
Conditions are ripe for New Zealand house prices to show modest growth over the next 12 months as supply constraints that have lifted the Auckland market start to show up throughout the country, AS
Conditions are ripe for New Zealand house prices to show modest growth over the next 12 months as supply constraints that have lifted the Auckland market start to show up throughout the country, AS
Asking prices for homes have hit a new high, particularly in Auckland, as sellers bet on the market staying strong.
Farm sales for the three months ended September have increased 56.7% on the corresponding time last year, figures released by the Real Estate Institute of New Zealand show.
The number of new listings in earthquake-ravaged Canterbury rose 17 percent in July from June but remains 23 percent down on a year ago.
Property values in Dunedin continue to stagnate, sitting 3.5% below last year, the latest QV figures show.
The residential property market was little changed overall for a sixth month in May but Auckland property values edged up, QV Valuations says.
Almost a quarter of real estate agents in Otago and Southland have left the industry temporarily or permanently in the past 12 months, figures from their licensing body shows.
Sellers of subdivided land from the former Hawthorn Estate development at the centre of resource consent controversy after last week's Environment Court ruling made the originally proposed water fe