Buying a first home (or even your second or third home) can be a big learning curve. Getting finance approved, hiring a lawyer, obtaining and reading building reports, ordering LIM,s and placing an offer are just some of the challenges […]
Auckland house sales dropped in April to their lowest level for the month since the 2008 global financial crisis , as the average house price slipped from a record high according to realtor Barfoot & Thompson. There were 664 house […]
Central Otago Lakes is now less affordable to live in than Auckland according to a report. The report , by Massey University, shows that Central Otago Lakes is 68% less affordable than the rest of New Zealand, while Auckland is […]
Auckland House prices charted a record high again in March, with those selling for more than 1 million accounting for 41% of sales in the month , says realtor Barfoot & Thompson. The average price rose 2.5% in March from […]
Median house prices firmed slightly across New Zealand during February , with regions outpacing the nation’s largest city of Auckland according to the Real Estate Institute of New Zealand. The national median house price increased to $495,000 in February , […]
Reserve bank deputy governor Grant Spencer says it’s too early to declare victory with the recent slowdown in house prices. He also says the central bank will be monitoring demand pressures from migration and the ability of the construction sector […]
The New Zealand housing market is in for a ” pronounced and overdue slowdown”, with national house price inflation forecast to fall to around 5% a year , says Fitch one of the world’s top three credit rating agencies. “Affordability […]
In a recent survey Auckland ranked 4th least affordable out of 92 major cities around the world. Only Hong Kong , Sydney and Vancouver are more unaffordable according to the survey. Auckland,s median house prices soared to $830800,00 or 10 […]
With all the news recently of how house prices in Auckland are increasing this latest article seems to show a different trend. The number of houses sold in Auckland fell 24% and median sale price slipped 1.2% to $840,000.00 in […]