Can you guess which areas are in property price recovery? They don't include the usual suspects except Canterbury. Absent are the many of the main cities where you'd expect the upturn to occur first.
Check out the 5 regions - in the link below.
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Some regions showing property price recovery
Hi All,
Can you guess which areas are in property price recovery? They don't include the usual suspects except Canterbury. Absent are the many of the main cities where you'd expect the upturn to occur first.
Check out the 5 regions - in the link below....
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Is FOMO back?
More properties sold in August 2024 than the previous 3 Augusts says Barfoot.
Average house price $1,107,837 nearly 2% higher than August 2023. (however slightly lower than July 2024)
Nearly 23% of properties sold - under $750K, properties over $2M - just 5.2% of sales. Barfoot... -
APRIL 2022. House prices falling, - numbers now show.
Looks like the actual numbers now support the claim that houses prices are starting to fall in many areas.
And that the trend is spreading throughout the country.
Even areas that were ok last month, are now in decline.
The general global consensus is that prices... -
19 percent drop in AKL City is the exception not the rule
We'd all be a bit concerned if our properties had dropped in value by 19% since November given the worst is still ahead of us. What the Stuff article suggests is - investors have probably dumped flats and apartments in the central city since November - and who'd blame them!
$200K drop... -
Interesting perspective on house price affordability
Ashley Church can string a sentence or two together and his piece on home affordability or more accurately mortgage affordability is worth the read.
His point of view is there's been little change in affordability in years. I.e. lower interest rates = less mortgage rate interest = cost... -
Why property is going to keep going up
There is a financial incentive to buy new builds as investment properties.
OK, so these will be highly sought after, therefore the price will be high. If the price of new builds is higher, then ALL properties are now priced higher. How exactly does this help first home buyers?
First...Last edited by crashy; 25-03-2021, 10:49 AM. -
Housing market contagion spreads.
I went to an auction this weekend,
And talked to the people bidding.
A market contagion became apparent.
A few of the young couples bidding were not able to get the deposit all by themselves,
Despite saving well.
So they had dipped into the retirement savings... -
Property prices in Auckland are correct, near zero median income rises vs inflation?
At one stage during the second wave in Auckland I thought it was 30% above historical average.
But going by the 8% figure which people used to deem as fair prior to 2000, your house would double its value in 10 years.
So:
1992 median was $135k~
2000...Last edited by OnTheMove; 28-12-2019, 11:04 PM. -
How long does it take for your property to double in value?
Highlights:
The current state of the global economy makes it difficult to predict where property prices would be in three months, let alone seven to 10 years into the future. With the economy in the doldrums, is it too optimistic to think that the average Australian median house price,... -
Migration surge back to New Zealand? How does that relate to property prices?
Migration surge Net quadrupled Seasonally adjusted Property boost? - Ex-pats returning? Cashed up buyers? China up 25% India up 36% - UK up 2.2% Numbers equal Up 7,500 n...
From: http://www.youtube.com/watch?v=614DKJSgzpI
Cheers
Marc
