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Archive for the ‘Central North Island Property Market Factsheet’ Category

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Central North Island Property Pulse factsheet – July 2012

Posted on: August 21st, 2012 | Filed in Central North Island Property Market Factsheet

The Central North Island region property pulse factsheet for July 2012 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Central North Island region totaled 52 in the month, representing a slight fall off on a seasonally adjusted basis in July but was up a significant 33% as compared to a year ago. The inventory of unsold houses fell back to 74 weeks to sit below the long-term average of 82 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $305,100 was flat compared to a year ago, but down on the prior month. The asking price expectation of new listings in the Central North Island was down 5% as compared to a year ago at $346,925.

The level of new listings coming onto the market in July at 139 was up a healthy 22% as compared to a year ago and almost matched the month of June with 140 new listings.

This data indicates that the Central North Island region is fairly active with strong and consistent sales levels over the past year. Prices are stable and inventory is tightening which could apply some pressure in the market unless new listings continue to flow onto the market in the coming months.

 

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Central North Island Property Pulse factsheet – June 2012

Posted on: July 24th, 2012 | Filed in Central North Island Property Market Factsheet

The Central North Island region property pulse factsheet for June 2012 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Central North Island region at 54 in the month showed a rise on a seasonally adjusted basis in June but was up 15% as compared to a year ago. The inventory of unsold houses rose to 84 weeks to sit just over the long-term average of 81 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $319,100 was up 1% as compared to a year ago and up on the prior month. The asking price expectation of new listings in the Central North Island was up 4% as compared to a year ago at $346,755.

The level of new listings coming onto the market in June at 140 was up 12% as compared to a year ago and also reflected a rise from the May level of 112.

 

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Central North Island Property Pulse factsheet – May 2012

Posted on: June 18th, 2012 | Filed in Central North Island Property Market Factsheet

The Central North Island region property pulse factsheet for May 2012 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Central North Island region at 51 in the month showed a fall on a seasonally adjusted basis in May but was up 9% as compared to a year ago. The inventory of unsold houses fell to 78 weeks to remain just below long-term average of 81 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $311,000 was down 1% as compared to a year ago and up on the prior month. The asking price expectation of new listings in the Central North Island was up 2% as compared to a year ago at $360,961.

The level of new listings coming onto the market in May at 112 was down 29% as compared to a year ago.

 

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Central North Island Property Pulse factsheet – November 2011

Posted on: December 19th, 2011 | Filed in Central North Island Property Market Factsheet

The Central North Island region property pulse factsheet for November 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Central North Island region at 59 in the month showed no change on a seasonally adjusted basis in November but was up 28% as compared to a year ago. The inventory of unsold houses fell to 80 weeks to remain in line with long-term average of 79 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $310,000 were down 3% as compared to a year ago and down on the prior month. The asking price expectation of new listings in the Central North Island was up 9% as compared to a year ago at $364,815.

The level of new listings coming onto the market in November at 296 was up a very significant 119% as compared to a year ago.

 

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Central North Island Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Central North Island Property Market Factsheet

The Central North Island region property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Central North Island region at 55 in the month fell on a seasonally adjusted basis in October but was up 28% as compared to a year ago. The inventory of unsold houses fell to 82 weeks to remain in line with long-term average of 79 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $315,475 was up 3% as compared to a year ago but up on the prior month. The asking price expectation of new listings in the Central North Island was up 2% as compared to a year ago at $344,669.

The level of new listings coming onto the market in October at 133 was up slightly from prior month but down 36% as compared to a year ago.

 

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Central North Island Property Pulse factsheet – May 2011

Posted on: June 16th, 2011 | Filed in Central North Island Property Market Factsheet

The Central North Island region property pulse factsheet for May 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Central North Island region at 47 in the month fell very slightly on a seasonally adjusted basis in May and were down a further 6% as compared to a year ago. The inventory of unsold houses fell to 93 weeks although remaining remain well above the long-term average of 80 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $315,000 was up 3% as compared to a year ago and up slightly on the prior month. The asking price expectation of new listings in the Central North Island was down 9% as compared to a year ago at $346,709.

The level of new listings coming onto the market in May at 157 was down from prior month and up a significant 60% as compared to a year ago.

 

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Central North Island Property Pulse factsheet – April 2011

Posted on: May 19th, 2011 | Filed in Central North Island Property Market Factsheet

The Central North Island region property pulse factsheet for April 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales across the Central North Island region at 46 in the month rose very slightly on a seasonally adjusted basis in April but were down a further 13% as compared to a year ago. The inventory of unsold houses rose significantly to 106 weeks to remain well above the long-term average of 79 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $312,875 was down 1% as compared to a year ago but up on the prior month. The asking price expectation of new listings in the Central North Island was down a significant 16% as compared to a year ago at $320,952.

The level of new listings coming onto the market in April at 167 was up from prior month and up a significant 33% as compared to a year ago.

 

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Central North Island – Property Pulse factsheet – March 2011

Posted on: April 18th, 2011 | Filed in Central North Island Property Market Factsheet

The Central North Island region property pulse factsheet for March 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales at 50 in the month fell on a seasonally adjusted basis in March and were down a significant 17% as compared to a year ago. The inventory of unsold houses rose slightly to remain just above the long-term average at 81 weeks of equivalent sales.

Median sales price for the whole of the Waikato / Bay of Plenty region at $305,000 was down 5% as compared to a year ago and down from the prior 2 months. The asking price expectation of new listings in the Central North Island was down just 1% as compared to a year ago at $369,995.

The level of new listings coming onto the market in March at 146 was up from February but down 1% as compared to a year ago.

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Central North Island – Property Market Pulse factsheet – October 2010

Posted on: October 21st, 2010 | Filed in Central North Island Property Market Factsheet

Realestate_DownloadNowThe Central North Island Property Market factsheet for October can be downloaded by clicking this icon.

Property sales for the Central North Island rose by 7.7% in September on a seasonally adjusted basis from August. A total of 36 property sales were recorded in September as compared to 58 in September 2009. In the first 9 months of 2010 414 properties have been sold compared to 540 in 2009.

Central North Island seasonally adjusted sales - September 2010Inventory of houses on the market picked up again in September. The current inventory of 103 weeks of equivalent sales is considerably higher than the long term average of 74 weeks. This would indicate that the market is still favouring buyers.

Central_North_Island_inventory_of_unsold_houses_-_Sep_2010

Property prices for the Central North Island are included in the broad Waikato / Bay of Plenty regional median property price, in September this price was $314,324 which was down 0.2% on September 2009 price.

Waikato_BOP_median_house_price_Sep_2010

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Central North Island – Property Market Pulse factsheet – August 2010

Posted on: August 25th, 2010 | Filed in Central North Island Property Market Factsheet

Realestate_DownloadNowThe Central North Island region Property Market factsheet for August 2010 can be downloaded by clicking this icon.

Property sales for the Central North Island rose on a seasonally adjusted basis from June by 9%. A total of 40 property sales were recorded in July as compared to 66 in July 2009. On a moving annual total basis sales are fairly flat across the region, in the last 12 months 602 properties have sold as compared to 610 in the prior 12 months.

Central North Island property sales - July 2010

Inventory of houses on the market picked up again in July. The current inventory of 96 weeks of equivalent sales is considerably higher than the long term average of 74 weeks. This would indicate that the market is still favouring buyers.

Central North Island inventory of unsold houses July 2010

Property prices for the Central North Island are included in the broad Waikato / Bay of Plenty regional median property price, in July this price was $315,000 which was down 1.6% on July 2009 price.

Waikato BOP regional property prices July 2010

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