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Archive for the ‘Northland Property Market Factsheet’ Category

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Northland – Property Market Pulse factsheet – July 2010

Posted on: July 22nd, 2010 | Filed in Northland Property Market Factsheet

My-Adobe-PDF-Files-iconThe Northland region Property Market factsheet for July 2010 can be downloaded by clicking this icon.

Property prices fell significantly in June from $325,000 in May to $280,000. As compared to June 2009 property prices are down 9.7%.

Northland property price July 2010

Sales also fell in June on a seasonally adjusted basis by 19.1%. A total of just 99 property sales were recorded in June as compared to 167 in June 2009. In the first 6 months of 2010 total sales were 754 as compared to 875 in the same period in 2009 a fall of 13.8%.

Northland property sales July 2010

Inventory of houses on the market fell again in June to 145 weeks of equivalent sales, this continues to be well ahead of the long term average in the region of 110 weeks.

Northland inventory of property for sale July 2010

In overall terms the property market in the Northland region continues to reflect a buyer’s market.

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Northland – Property market pulse factsheet – June 2010

Posted on: June 24th, 2010 | Filed in Northland Property Market Factsheet

Property prices edged up slightly in May to $325,000 an increase of 6% over the past year.

NZ Property market pulse factsheet - Northland price June 2010 Realestate.co.nz

Sales fell in May on a seasonally adjusted basis from 156 in April to 124 in May. The first 5 months of this year has seen volumes down 6% over the same 5 months of 2009.

NZ Property market pulse factsheet - Northland sales June 2010 Realestate.co.nz

Inventory of houses on the market fell in May from the all time peak of 171 weeks of sale to 154, this continues to be well ahead of the long term average in the region of 110 weeks.

NZ Property market pulse factsheet - Northland inventory June 2010 Realestate.co.nz

In overall terms the property market in the Northland region continues to reflect a buyer’s market, however pricing is as yet is not showing any signs of relenting to the pressure of buyer negotiations.

The Northland region – Property market pulse factsheet for June 2010 is available as a download pdf document.

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