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Archive for the ‘Property Pulse – Regional Market Report’ 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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Auckland – Property Market Pulse factsheet – July 2010

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

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

Property prices based on the stratified pricing model slipped in June down by $10,000 to $471,090. Compared to June 2009 the stratified price is up 3.2%

Auckland stratified house price Jul 2010

Property sales also slipped in June down 6.7% on a seasonally adjusted basis. There were 1,599 sales in June compared to 1,990 in June 2009. In the first 6 months of 2010 total sales are down 8% from 10,879 in 2009 to 10,005 this year.

Auckland property sales July 2010

Inventory of houses on the market fell again in June. The June figure of 35 weeks of equivalent sales is now only slightly ahead of the long term average in the region of 32 weeks.

Auckland inventory of property for sale July 2010

In overall terms the property market across Auckland continues to be steady, certainly a more robust level of activity compared to other regions of the country, although prices are weak.

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Waikato – Property Market Pulse factsheet – July 2010

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

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

Property sales in the Waikato fell further in June with a seasonally adjusted fall of 11% from May. A total of 240 property sales were recorded in June as compared to 373 in June 2009. In the first half of 2010 a total of 1,691 property sales were recorded, down 16.5% from the 2,026 in the first half of 2009.

Waikato property sales July 2010

Inventory of houses on the market increased in June as a result of the slower sales. The inventory stands at 56 weeks of equivalent sales. This level remains well above the long term average of 45 weeks. This would indicate that the market still holds an advantage for buyers.

Waikato inventory of property for sale July 2010

Property prices for the Waikato are included in the broad Waikato / Bay of Plenty regional median property price, in May this price was $322,000 which was up 1.0% on June 2009 price.

Waikato BOP property price July 2010

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Bay of Plenty – Property Market Pulse factsheet – July 2010

Posted on: July 22nd, 2010 | Filed in Bay of Plenty Property Market Factsheet

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

Property sales in the Bay of Plenty fell on a seasonally adjusted basis in June by 9.4%. A total of 266 property sales were recorded in June. In the first half of 2010 a total of 1,812 property sales were recorded compared to 2,131 sales in the first half of 2009, a fall of 15%.

Bay of Plenty property sales July 2010

Inventory of houses on the market fell again in June following the fall from the peak of 75 weeks of equivalent sales in April. The June inventory of 65 weeks of equivalent sales remains high relative to the long term average of 55 weeks. This would indicate that the market still holds a slight advantage for buyers.

Bay of Plenty inventory of properties for sale July 2010

Property prices for the Bay of Plenty are included in the broad Waikato / Bay of Plenty regional median property price, in May this price was $322,000 which was up 1.0% on June 2009 price.

Waikato BOP property price July 2010

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Gisborne – Property Market Pulse factsheet – July 2010

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

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

Property sales in Gisborne showed a 32% seasonally adjusted increase in June with a total of 36 sales in the month. This compares with 50 sales in June 2009. In the first 6 months of 2010 a total of 219 property sales have been reported compared to 277 in the same period in 2009 a fall of 21%.

Gisborne property sales July 2010

Inventory of houses on the market rose in June to 52 weeks of equivalent sales, up from 47 in May. The June level is still well above the long term average of 43 weeks. This would indicate that the market is still favouring buyers.

Gisborne inventory of properties for sale July 2010

Property prices for the Gisborne are included in the broad Waikato / Bay of Plenty regional median property price, in June this price was $322,000 which was up 1.0% on June 2009 price.

Waikato BOP property price July 2010

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Hawkes Bay – Property Market Pulse factsheet – July 2010

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

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

Property prices in the Hawkes Bay rose slightly in June at $285,000. As compared to a year ago prices in the region are up by 1.8%.

Hawkes_Bay_property_prices_July_2010

Property sales in the region remained stable in June with no change based on seasonally adjusted data. A total of 163 properties were sold in the region in June. In the first half of 2010 a total of 958 which is 19% down on the same period last year.

Hawkes_Bay_Property_sales_July_2010

Inventory of houses on the market fell slightly in June with 48 weeks of equivalent sales on the market. This inventory level continues to be above the long term average of 35 weeks. This would indicate that the market still swings in favour of buyers.

Hawkes_Bay_inventory_of_property_for_sale_July_2010

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Taranaki – Property Market Pulse factsheet – July 2010

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

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

Property prices in Taranaki fell rose again in June to $285,000 from $275,000 in May. As compared to a year ago prices in the region are up by 5.2%.

Taranaki_property_sales_price_July_2010

Property sales in the region dipped slightly in June with a 10.8% decline on a seasonally adjusted basis. A total of 925 properties have been sold in the first half of 2010, this compares to 1,012 during the same period of 2009.

Taranaki_property_sales_July_2010

Inventory of houses on the market spiked up again to 29 weeks of equivalent sales in June. This June inventory of 29 weeks of equivalent sales continues to be above the long term average of 22 weeks. This would indicate that the market still swings slightly in favour of buyers.

Taranaki_inventory_of_properties_on_the_market_July_2010

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Manawatu / Wanganui – Property Market Pulse factsheet – July 2010

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

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

Property prices in the Manawatu / Wanganui region fell again in June from $225,000 in May to $219,000 in June. As compared to a year ago prices in the region are down by just 1.2%.

Manwatu_Wnaganui_property_sales_price_July_2010

Property sales in the region rose again in June on a seasonally adjusted basis by 7.8%. A total of 221 properties were sold in June. In the first half of 2010 a total of 1,347 property sales were reported, this was a 23% decline as compared to the same period in 2009.

Manawatu_Wanganui_property_sales_July_2010

Inventory of houses on the market fell again in June with a total of 47 weeks of equivalent sales on the market as compared to 52 in May. This June inventory of 47 weeks of equivalent sales continues to be above the long term average of 36 weeks. This would indicate that the market still swings in favour of buyers.

Manawatu_Wanganui_inventory_of_property_for_sale_July_2010

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Central North Island – Property Market Pulse factsheet – July 2010

Posted on: July 22nd, 2010 | Filed in Central North Island Property Market Factsheet

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

Property sales for the Central North Island fell on a seasonally adjusted basis from May by 19%. A total of 37 property sales were recorded in June as compared to 57 in June 2009. In the first half of 2010, 298 property sales have been recorded down by 15% from the 349 during the same 6 months of 2009.

Central North Island property sales July 2010

Inventory of houses on the market fell again in June. From the peak of 122 weeks of equivalent sales in March the inventory has fallen consecutively to the current level of 88 weeks. The June inventory though is still higher than the long term average of 74 weeks. This would indicate that the market is still favouring buyers.

Central North Island inventory of properties for sale  July 2010

Property prices for the Central North Island are included in the broad Waikato / Bay of Plenty regional median property price, in June this price was $322,000 which was up 1.0% on June 2009 price.

Waikato BOP property price July 2010

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Wairarapa – Property Market Pulse factsheet – July 2010

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

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

Property sales in the Wairarapa fell significantly in June – down 44% from May on a seasonally adjusted basis. A total of 31 properties were sold in June. The first 6 months of 2010 has seen a total of 309 sales down 13.7% as compared to the first 6 months of 2009.

Wairarapa_property_sales_July_2010

Inventory of houses on the market in June continued to rise as a consequence of the slower sales. The level of inventory reached 115 weeks of equivalent sales. This level of inventory is considerably ahead of the long term average of 75 weeks. This would indicate that the market is favouring buyers at this time.

Wairarapa_inventory_of_properties_for_sale_July_2010

Property prices for the Wairarapa region is included in the broad Wellington regional median property price, in June this price was $405,000 up 8% on June 2009 price.

Wellington_region_property_prices_July_2010

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