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Property Management Focus October 2019

October 25, 2019 Share this:

This issue of Property Management Focus features:

  • A call for change. Help us protect tenants, landlords and property managers
  • Healthy Home Standards - say what?

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Topics: Industry Update, Property Management, Newsletters, Property Management Focus

National MarketWatch (February 2015)

February 14, 2015 Share this:

The latest residential housing figures from New Zealand’s largest real estate group, Harcourts shows that inventory is down in all regions except Christchurch, where property-on-hand was up a massive 25% compared to last year. Sales activity in the Central Region did not take a breather for the typically quiet January month, with written sales up 22.9%.

Harcourts CEO Hayden Duncan says that stable interest rates, more competitive mortgage products being offered by lenders, and stable economic outlook, will continue to fuel buyer activity well into the autumn months.

“New Zealand is in a situation where we have growing population numbers, a stable economy, and growing consumer and business confidence. The only thing preventing those looking to buy property is the lack of affordable housing in the areas it’s needed. With building consents lagging behind population growth, particularly in Auckland, that situation won’t change without government policy change,” says Duncan.

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Topics: Industry Update, Press Release, Residential

Northern Region MarketWatch (February 2015)

February 11, 2015 Share this:

The latest residential property figures from New Zealand’s largest real estate group Harcourts shows that demand for residential property in Auckland/Northland continues to grow at a faster rate than supply. Written sales in January were up 13.1% compared to last year and while new listings were up 2.4%, this is doing little to quell the supply shortage with available stock down 5.4%.

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Topics: Industry Update, Press Release, Residential

Auckland/Northland MarketWatch (December 2014)

December 12, 2014 Share this:

Residential data from New Zealand’s largest real estate group, Harcourts for the month of November shows written sales were up 25% compared to last year. Buyers understand that now is the best time to buy and Harcourts is not expecting any significant drop in price with demand continuing to exceed supply, particularly in the Auckland market.

Auctions account for more than 40% of all listings with buyers benefiting from the transparency of open competition that accompanies this method of sale.

Average house prices jumped 6% from last month to $709,823. Prices are up 8% from last year showing the LVR restrictions are not influencing the rising house prices in the Auckland and Northland region.

In the lead up to Christmas, total listings look strong but we will see the traditional decline in volume as the holiday period approaches.

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Topics: Industry Update, Press Release, Residential