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Archive for the ‘Property Pulse – Regional Market Report’ Category

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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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Gisborne Property Pulse factsheet – April 2011

Posted on: May 19th, 2011 | Filed in Gisborne Property Market Factsheet

The Gisborne district 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 Gisborne region at 30 in the month fell on a seasonally adjusted basis in April and were down a significant 17% as compared to a year ago. The inventory of unsold houses rose again to 60 weeks to remain well above the long-term average of 42 weeks of equivalent sales.

Median sales price of property sold during the month in Gisborne at $220,250 was up 2% as compared to a year ago and down slightly from the prior month. The asking price expectation of new listings in the Gisborne region was up 6% as compared to a year ago at $328,733.

The level of new listings coming onto the market in April at 190 was significantly marginally up from March and up 135% as compared to a year ago.

 

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Hawkes Bay Property Pulse factsheet – April 2011

Posted on: May 19th, 2011 | Filed in Hawkes Bay Property Market Factsheet

The Hawkes Bay 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 Hawkes Bay region at 118 in the month fell significantly on a seasonally adjusted basis in April and showed a 28% fall as compared to a year ago. The inventory of unsold houses on the market rose again to 57 weeks to remain well above the long-term average of 39 weeks of equivalent sales.

Median sales price of properties sold in the Hawkes Bay at $271,500 was down just 1% as compared to a year ago but up from the prior month. The asking price expectation of new listings was down just 2% as compared to a year ago at $334,132.

The level of new listings coming onto the market in April at 353 was down from prior month and down a significant 13% as compared to a year ago.

 

 

 

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Taranaki Property Pulse factsheet – April 2011

Posted on: May 19th, 2011 | Filed in Taranaki Property Market Factsheet

The Taranaki 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 Taranaki region at 142 in the month barely moved on a seasonally adjusted basis in April but were down by 9% as compared to a year ago. The inventory of unsold houses on the market fell slightly to 36 weeks to remain well above the long-term average of 25 weeks of equivalent sales.

Median sales price of property sold in the Taranaki region at $279,500 was flat as compared to a year ago and up slightly from the prior month. The asking price expectation of new listings was down slightly by 2% as compared to a year ago at $308,584.

The level of new listings coming onto the market in April at 231 was down from the prior month and up just 1% as compared to a year ago.

 

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Manawatu / Wanganui Property Pulse factsheet – April 2011

Posted on: May 19th, 2011 | Filed in Manawatu Wanganui Property Market Factsheet

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

Property sales in the Manawatu and Wanganui region at 219 in the month rose slightly on a seasonally adjusted basis in April and were up 3% as compared to a year ago. The inventory of unsold houses on the market rose very slightly to 58.4 weeks to remain well above the long-term average of 40 weeks of equivalent sales.

Median sales price of properties sold in the Manawatu and Wanganui regions at $220,000 was down 4% as compared to a year ago, but up slightly from the prior month. The asking price expectation of new listings was up 4% as compared to a year ago at $276,064.

The level of new listings coming onto the market in April at 460 was down from prior month but up 6% as compared to a year ago.

 

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Wairarapa Property Pulse factsheet – April 2011

Posted on: May 19th, 2011 | Filed in Wairarapa Property Market Factsheet

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

Property sales in the Wairarapa district at 57 in the month showed a significant rise on a seasonally adjusted basis in April and recorded a 6% rise as compared to a year ago. The inventory of unsold houses on the market rose sharply to 166 weeks to remain well above the long-term average of 87 weeks of equivalent sales.

Median sales price for properties sold in the Wairarapa district at $216,000 was down 17% as compared to a year ago and down from the prior month. The asking price expectation of new listings was up 8% as compared to a year ago at $278,875.

The level of new listings coming onto the market in April at 154 was down as compared to March and down a significant 18% as compared to a year ago.

 

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Wellington Property Pulse factsheet – April 2011

Posted on: May 19th, 2011 | Filed in Wellington Property Market Factsheet

The Wellington 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 Wellington region at 517 in the month fell on a seasonally adjusted basis in April and were down 9% as compared to a year ago. The inventory of unsold houses on the market rose again to 29 weeks to remain above the long-term average of 22 weeks of equivalent sales.

The stratified mean sales price of properties sold in the Wellington region at $410,058 was flat as compared to a year ago but up from the prior month. The asking price expectation of new listings was up slightly by 1% as compared to a year ago at $451,440.

The level of new listings coming onto the market in April at 741 was down significantly as compared to March and down 29% as compared to a year ago.

 

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Nelson Property Pulse factsheet – April 2011

Posted on: May 19th, 2011 | Filed in Nelson Property Market Factsheet

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

Property sales in the Nelson region at 127 in the month rose very slightly on a seasonally adjusted basis in April but were down by 3% as compared to a year ago. The inventory of unsold houses on the market fell to 43 weeks, but remains well above the long-term average of 30 weeks of equivalent sales.

Median sales price of properties sold in the Nelson region at $345,000 was down 6% as compared to a year ago, but up slightly from the prior month. The asking price expectation of new listings was down 4% as compared to a year ago at $423,927.

The level of new listings coming onto the market in April at 267 was in line with March but up a significant 28% as compared to a year ago.

 

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Marlborough Property Pulse factsheet – April 2011

Posted on: May 19th, 2011 | Filed in Marlborough Property Market Factsheet

The Marlborough 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 Marlborough region at 64 in the month rose on a seasonally adjusted basis in April but were down 15% as compared to a year ago. The inventory of unsold houses on the market rose sharply to 81 weeks to remain well above the long-term average of 52 weeks of equivalent sales.

Median sales price for properties sold in the Marlborough region at $333,500 was up 17% as compared to a year ago and up significantly on the prior month. The asking price expectation of new listings was also down 3% as compared to a year ago at $372,652.

The level of new listings coming onto the market in April at 1413 fell as compared to the prior month and was down 16% as compared to a year ago.

 

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Canterbury Property Pulse factsheet – April 2011

Posted on: May 19th, 2011 | Filed in Canterbury Property Market Factsheet

The Canterbury 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 Canterbury region at 595 rose significantly in the month on a seasonally adjusted basis in April and were down a 16% as compared to a year ago. This clearly shows the devastating impact of the February earthquake on the city of Christchurch and the wider Canterbury region. The inventory of unsold houses on the market rose again to 50 weeks to remain above the long-term average of 33 weeks of equivalent sales.

The stratified mean sales price for properties sold in Christchurch at $329,530 was down 4% as compared to a year ago and down from the prior month. The asking price expectation of new listings was down slightly by 2% as compared to a year ago at $362,597.

The level of new listings coming onto the market in April at 1,126 was again down on prior month and down a significant 32% as compared to a year ago.

 

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