By Tony Alexander, chief economist for the Bank of New Zealand Migration data released by Statistics NZ last week suggests a net gain to our population of 56,000 in the year to February 2019, up from 49,000 in the middle of 2018, so we can say the migration trend is … Read more
Last Tuesday we received the April house sales data from the Real Estate Institute of NZ, who reported that “Our seasonally adjusted results tell us that, compared to what we expect when moving from March to April, the observed small decrease in median price was less than expected, and the … Read more
The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. The full report is available here. … Read more
By Ashley Church Now that the proposal to introduce a capital gains tax (CGT) has been firmly rejected, what’s likely to happen next? Obviously, I can’t anticipate every detail of this Governments future approach to property, but I can reasonably confidently fill in some broad strokes: CGT is dead for … Read more
The Real Estate Institute of New Zealand (REINZ) released its March report on 12 April. Bindi Norwell, Chief Executive at REINZ says: “At a time when sales volumes are normally very strong and total sales figures for the country are typically well over the 7,000 mark, with 6,938 sales this was … Read more
Times have changed when it comes to applying for a home loan. It’s tough to secure a mortgage and there are a lot of changes going on with the legal bodies that keep a close watch over the finance and banking industry including the revision of the Financial Advisers Act … Read more
The figures above include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. The full report is available … Read more
The following is an excerpt from the latest Real Estate Institute of New Zealand (REINZ) Property Report – released on 14 March 2019. The number of properties sold in Auckland in February fell by 17.9% year-on-year (from 1,654 to 1,358) – the lowest for a non-January month since October 2010. … Read more
The figures on this link include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. We can provide … Read more
The Auckland housing market began 2019 in the same way as it finished in 2018 – subdued. The CoreLogic QV January House Price index released on 12 February 2019 reported that January saw another small drop in the Auckland index – the 0.2% dip resulted in a minor 0.1% fall for … Read more