
NZ property market report #9 - 29th October '24
There’s only one way to currently sum up the market. It’s a horrible time to sell a property. But it’s a great time to buy. The property market is edging into recovery.
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Here's an example of our property market report
There’s only one way to currently sum up the market. It’s a horrible time to sell a property. But it’s a great time to buy. The property market is edging into recovery.
Learn More
Over the last 12 months New Zealand property prices are down 0.8%. Though, they were flat last month.
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Over the last 12 months New Zealand property prices are up 0.2%. That includes a 0.3% decrease last month. Effectively, we are flat.
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As well as your usual favourites, this month there’s new rental data. Investors are finding it hard to get good tenants. This has changed recently.
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The housing market was quiet last month. House prices went down or stayed the same in every region in the country.
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It’s a mixed bag at the moment. Prices are down for the 2nd month in a row. That’s because listings are up. There are more properties available to buy.
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Over the last 12 months New Zealand property prices are up 2.6%. That includes a 1.2% decrease in March.
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Over the last 12 months, New Zealand property prices are up 3.2%, that includes a 1.1% increase in Feb.
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