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Archive for the ‘Wellington Property Market Factsheet’ Category

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Wellington – Property Market Pulse factsheet – July 2010

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

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

Property prices in the Wellington region as measured on a stratified basis fell further in June to $401,100. This is the 4th consecutive month of price fall from $423,675 in February. As compared to a year ago prices are down 1.8%.

Wellington stratified house price Jul 2010

Property sales measured on a seasonally adjusted basis increased by 9.7% from May. There was a total of 490 property sales in the month. In the first half of 2010 a total of 3,137 properties have been sold, down 9.6% on the same period in 2009.

Wellington_property_sales_July_2010

Inventory of houses on the market leveled off in June following the fall in May. The current level of 23 weeks of equivalent sales is close to the long term average in the region of 21 weeks.

Wellington_inventory_of_properties_for_sale_July_2010

In overall terms the property market across Wellington continues to be steady with no significant advantage to either buyers or sellers, although sales volumes remain subdued.

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Wellington – Property market pulse factsheet – June 2010

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

Property prices based on the stratified pricing model fell in May to $403,925 from $409,205 in April. Compared to May 2009 prices are up 4.4%.

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

Property sales fell significantly on a seasonally adjusted basis with 446 in May as compared to 549 in April. Sales for the first 5 months of 2010 reflect a 6% lower level than the same period on 2009.

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

Inventory of houses on the market fell in May from the April level of 27 weeks of sale to 23 weeks, this figure is close to the long term average in the region of 21 weeks.

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

In overall terms the property market across Wellington continues to be steady with no significant advantage to either buyers or sellers, although sales volumes remain subdued.

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

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