April 2022 Market Update – Property market slows further; positive outlook for able buyers

Published by: Shaun Taylor, May 19, 2022 10:04:40 AM

Top 4 things you need to know about the market:

  1. Median house prices across NZ vary by region 
  2. All regions saw an annual decrease in the number of sales
  3. The total number of properties available for sale nationally increased 70.8% 
  4. For those motivated to sell, conversations with real estate professio..
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Topics: Market Trends

February 2022 Market Update – Prices solid and positive outlook ahead due to CCCFA Changes

Published by: Shaun Taylor, Mar 17, 2022 10:29:20 AM

Top 5 Things You need to know about the market:

  1. February price values are up 13.5%, compared to 2021 and up 20.6% outside of Auckland
  2. House price changes vary regionally - some regions are up some are down compared to January 2022
  3. CCCFA correction announced on 11 March will bring more buyers to the..
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Topics: Market Trends

January 2022 Market Update – values hold in times of change

Published by: Shaun Taylor, Feb 16, 2022 4:44:51 PM

While January figures usually reflect the holiday slowdown, data and insights from the Real Estate Institute of New Zealand (REINZ) suggest compounding factors are influencing a decrease in sales activity and easing of price growth nationwide.

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Topics: Market Trends

December 2021 Property Market Update

Published by: Shaun Taylor, Jan 25, 2022 3:42:32 PM

The property market has closed out a strong year with prices and activity holding strong and steady based on the latest data released from the Real Estate Institute of New Zealand (REINZ). The national median house price reached $905,000, an increase of 21.5% compared to December 2020. Though year-o..

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Topics: Market Trends

October Property Market Update

Published by: Shaun Taylor, Nov 12, 2021 5:17:37 PM

The property market continued to hit record highs throughout New Zealand in October, based on the latest data released from the Real Estate Institute of New Zealand (REINZ). The national median house price reached $895,000, an increase of 23.4% compared to October 2020, and 12.6% compared to Septemb..

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Topics: Market Trends

September Market Report – Housing Market 100% Vaccinated and Going Strong

Published by: Shaun Taylor, Oct 15, 2021 10:15:17 AM

The New Zealand property market has once again shown its persistent strength against Covid-19. The September property report released by the Real Estate Institute of New Zealand (REINZ) proved that confidence in the industry is warranted, with the national median house price rising to $795,000, an i..

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Topics: Market Trends

Market Report & Covid-19 Update

Published by: Shaun Taylor, Sep 23, 2021 4:26:52 PM

The New Zealand property market proved its strength in August, despite lockdown impacting sales and listing processes nationwide. The national median house price rose 25.5% compared to August 2020, to reach a record $850,000, according to the latest data from the Real Estate Institute of New Zealand..

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Topics: Market Trends

June Property Market Update

Published by: Shaun Taylor, Jul 22, 2021 12:49:34 PM

House prices are continuing their upward trend well into 2021, with median national house values increasing by 28.7% to reach $820,000 in June and five regions reaching record highs, according to the latest data from the Real Estate Institute of New Zealand (REINZ).

“Professionals agents around the ..

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Topics: Market Trends

May Property Market Update

Published by: Shaun Taylor, Jun 23, 2021 11:10:11 AM

The property market is holding strong throughout a traditionally slower time of year for real estate, with record median prices across four regions including Auckland and the number of days to sell remaining low. In fact, Professionals offices across the country have seen the number of sellers drop ..

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Topics: Market Trends

April Property Market Update

Published by: Shaun Taylor, Jun 8, 2021 3:11:52 PM

Housing policy changes announced in recent months appear to have had a minor cooling effect on New Zealand’s property market in April, with a slight dip in sales numbers compared to the month prior. However, median values continue to grow year-on-year and the number of sales nationwide was the highe..

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Topics: Market Trends

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