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

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Waikato Property Pulse factsheet – May 2012

Posted on: June 18th, 2012 | Filed in Waikato Property Market Factsheet

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

Property sales in the Waikato region at 421 in the month rose on a seasonally adjusted basis in May and was up 15% as compared to a year ago. The inventory of unsold houses rose to 44 weeks having fallen consistently over the prior 7 months, this still means that inventory remains below the long-term average of 49 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 remained flat as compared to a year ago at $355,131.

The level of new listings coming onto the market across the Waikato region in May at 836 was up a significant 43% as compared to a year ago, and up significantly as compared to October.

 

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Bay of Plenty Property Pulse factsheet – May 2012

Posted on: June 18th, 2012 | Filed in Bay of Plenty Property Market Factsheet

The Bay of Plenty 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 Bay of Plenty region at 419 in the month rose on a seasonally adjusted basis in May, and was up 9% as compared to a year ago. The inventory of unsold houses rose to 56 weeks; this still leaves the region slightly below the long-term average of 57 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 Bay of Plenty was up 11% as compared to a year ago at $417,188.

The level of new listings coming onto the market in May at 803 was up from April and up 2% as compared to a year ago.

 

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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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Gisborne Property Pulse factsheet – May 2012

Posted on: June 18th, 2012 | Filed in Gisborne Property Market Factsheet

The Gisborne district 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 Gisborne region at 44 in the month fell on a seasonally adjusted basis in May, but was up 5% as compared to a year ago. The inventory of unsold houses fell to 47 weeks which is exactly in line with the long-term average of equivalent sales.

Median sales price of property sold during the month in Gisborne at $200,000 was down 17% as compared to a year ago and down from the prior month. The asking price expectation of new listings in the Gisborne region was down a significant 25% as compared to a year ago at $235,921.

The level of new listings coming onto the market in May at 105 was up compared to April and significantly up 25% as compared to a year ago.

 

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Hawkes Bay Property Pulse factsheet – May 2012

Posted on: June 18th, 2012 | Filed in Hawkes Bay Property Market Factsheet

The Hawkes Bay 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 Hawkes Bay region at 236 in the month rose significantly on a seasonally adjusted basis in May and showed a 21% rise as compared to a year ago. The inventory of unsold houses on the market remained stable at 47 weeks to sit just above the long-term average of 42 weeks of equivalent sales.

Median sales price of properties sold in the Hawkes Bay at $271,000 was up just1% as compared to a year ago and down from the prior month. The asking price expectation of new listings was up 5% as compared to a year ago at $338,360.

The level of new listings coming onto the market in May at 382 was down from prior month and no change as compared to a year ago.

 

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Taranaki Property Pulse factsheet – May 2012

Posted on: June 18th, 2012 | Filed in Taranaki Property Market Factsheet

The Taranaki 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 Taranaki region at 226 in the month rose significantly on a seasonally adjusted basis in May and were up 12% as compared to a year ago. The inventory of unsold houses on the market rose markedly to 40 weeks, this leaves the inventory well up on the long-term average of 27 weeks of equivalent sales.

Median sales price of property sold in the Taranaki region at $280,000 was up 10% compared to a year ago and up from the prior month. The asking price expectation of new listings was also up 8% as compared to a year ago at $322,645.

The level of new listings coming onto the market in May at 339 was up from the prior month and up a very significant 72% as compared to a year ago.

 

 

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Manawatu / Wanganui Property Pulse factsheet – May 2012

Posted on: June 18th, 2012 | Filed in Manawatu Wanganui Property Market Factsheet

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

Property sales in the Manawatu and Wanganui region at 295 in the month rose on a seasonally adjusted basis in May, and were up 6% as compared to a year ago. The inventory of unsold houses on the market rose sharply to 45 weeks to juts rise above the long-term average of 41 weeks of equivalent sales.

Median sales price of properties sold in the Manawatu and Wanganui regions at $228,000 was down just 1% as compared to a year ago, but up from the prior month. The asking price expectation of new listings was up 4% as compared to a year ago at $266,943.

The level of new listings coming onto the market in May at 491 was up from prior month and up 27% as compared to a year ago.

 

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Wairarapa Property Pulse factsheet – May 2012

Posted on: June 18th, 2012 | Filed in Wairarapa Property Market Factsheet

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

Property sales in the Wairarapa district at 74 in the month showed a significant rise on a seasonally adjusted basis in May and reflected a very significant 111% rise as compared to a year ago. The inventory of unsold houses on the market fell to 107 weeks to remain just above the long-term average of 98 weeks of equivalent sales.

Median sales price for properties sold in the Wairarapa district at $210,000 was down 5% as compared to a year ago and continues a steady decline through the year. The asking price expectation of new listings was up just 1% as compared to a year ago at $270,181.

The level of new listings coming onto the market in May at 186 was up as compared to April and up 17% as compared to a year ago.

 

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Wellington Property Pulse factsheet – May 2012

Posted on: June 18th, 2012 | Filed in Wellington Property Market Factsheet

The Wellington 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 Wellington region at 661 in the month rose significantly on a seasonally adjusted basis in May and up 23% as compared to a year ago. The inventory of unsold houses on the market rose to 25 weeks, this takes it slightly above the long-term average of 23 weeks of equivalent sales.

The stratified mean sales price of properties sold in the Wellington region at $396,525 was up 2% compared to May last year but continues a recent easing. The asking price expectation of new listings was up 2% as compared to a year ago at $429,836.

The level of new listings coming onto the market in May at 881 was up compared to April, and up 16% as compared to a year ago.

 

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Nelson Property Pulse factsheets – May 2012

Posted on: June 18th, 2012 | Filed in Nelson Property Market Factsheet

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

Property sales in the Nelson region at 155 in the month rose on a seasonally adjusted basis in May and were up 2% as compared to a year ago. The inventory of unsold houses on the market picked up to 38 weeks to track back above the long-term average of 31 weeks of equivalent sales.

Median sales price of properties sold in the Nelson region at $360,000 was up 5% as compared to May 2011, and up slightly from the prior month. The asking price expectation of new listings was up 6% as compared to a year ago at $457,235.

The level of new listings coming onto the market in May at 250 was up from April and up 22% as compared to a year ago.

 

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