The Unconditional Blog

The impartial voice of the industry

 
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Northland Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Northland Property Market Factsheet

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

Property sales in Northland at 102 in the month fell significantly on a seasonally adjusted basis in October and is below the levels of a year ago. The inventory of unsold houses on the market at 128 weeks is in line with long-term average at 130 weeks of equivalent sales.

Median sales price for property sales in Northland at $292,500 is down 7% as compared to a year ago and continues a declining trend from the prior 6 months. The asking price expectation of new listings rose in October to $410,736, whilst still the same level as compared to a year ago.

The level of new listings coming onto the market in October at 622 was up significantly from September and up a significant 31% as compared to a year ago.

 

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Auckland region Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Auckland Property Market Factsheet

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

Property sales across the Auckland region at 1,804 in the month fell on a seasonally adjusted basis in October and were up 36% on October 2010. The inventory of unsold houses rose to 27.2 weeks, having fallen over recent months to below the long-term average of 33 weeks of equivalent sales.

The stratified mean sales price at $500,750 rose 7% as compared to a year ago and fairly stable as it has climbed for the past 10 months. The asking price expectation of new listings also rose to $568,778 up 6% as compared to a year ago.

The level of new listings coming onto the market across the Auckland region in October at 3,796 fell 3% as compared to a year ago.

 

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Auckland – North Shore Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Auckland Property Market Factsheet

The Auckland North Shore property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales on the North Shore of Auckland at 330 in the month fell on a seasonally adjusted basis in October but were up 21% on October 2010. The inventory of unsold houses across the wider Auckland region remains below the long-term average at 34 weeks of equivalent sales.

The median sales price for properties sold on the North Shore in October at $561,400 was up 6% from a year ago and is now the highest level in the past 3 years. The asking price expectation of new listings across the wider Auckland region rose to $568,778 up 6% as compared to a year ago, and up on the recent 2 months.

The level of new listings coming onto the market across the wider Auckland region in October at 3,796 was down 3% as compared to a year ago.

 

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Auckland – Waitakere Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Auckland Property Market Factsheet

The Auckland – Waitakere property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales in the Waitakere are of Auckland at 254 in the month rose slightly on a seasonally adjusted basis in October and were up a very significant 49% on October 2010. The inventory of unsold houses across the wider Auckland region remains below the long-term average at 34 weeks of equivalent sales.

The median sales price for property in the Waitakere region of Auckland at $411,000 is up 10% as compared to a year ago and showing a very significant recent rise to new 3-year levels. The asking price expectation of new listings across the wider Auckland region rose to $568,778 up 6% as compared to a year ago, and up on the recent 2 months.

The level of new listings coming onto the market across the wider Auckland region in October at 3,796 was down 3% as compared to a year ago.

 

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Auckland City Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Auckland Property Market Factsheet

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

Property sales within the City of Auckland at 656 in the month fell slightly on a seasonally adjusted basis in October but was up 37% on October 2010. The inventory of unsold houses across the wider Auckland region remains below the long-term average at 34 weeks of equivalent sales.

The median sales price for property in Auckland City at $516,900 was up 7% as compared to a year ago, and is showing significant volatility over the past months. The asking price expectation of new listings across the wider Auckland region rose to $568,778 up 6% as compared to a year ago, and up on the recent 2 months.

The level of new listings coming onto the market across the wider Auckland region in October at 3,796 was down 3% as compared to a year ago.

 

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Auckland – Manukau Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Auckland Property Market Factsheet

The Auckland – Manukau property pulse factsheet for October 2011 is published using data from Realestate.co.nz and REINZ (Real Estate Institute of NZ).

Property sales in the Manukau region of Auckland at 341 in the month fell on a seasonally adjusted basis in October but were up just 28% on October 2010. The inventory of unsold houses across the wider Auckland region remains below the long-term average at 34 weeks of equivalent sales.

The median sales at $445,000 was down 4% as compared to a year ago, recent prices have been fairly flat for the majority of the year. The asking price expectation of new listings across the wider Auckland region rose to $568,778 up 6% as compared to a year ago, and up on the recent 2 months.

The level of new listings coming onto the market across the wider Auckland region in October at 3,796 was down 3% as compared to a year ago.

 

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Coromandel Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Coromandel Property Market Factsheet

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

Property sales in the Coromandel region at 28 in the month fell significantly on a seasonally adjusted basis in October and showed a 20% fall as compared to a year ago. The inventory of unsold houses rose to 174 weeks, although it stil remains below the long-term average at just under 200 weeks of equivalent sales.

Median sales price for property sold in the Coromandel in October at $288,750 was down 22% as compared to a year ago, and significantly down from the prior month. The asking price expectation of new listings was up 7% as compared to a year ago at $445,498.

The level of new listings coming onto the market in October at 246 was up 1% as compared to a year ago.

 

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Waikato Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Waikato Property Market Factsheet

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

Property sales in the Waikato region at 291 in the month fell on a seasonally adjusted basis in October but was up a significant 39% as compared to a year ago. The inventory of unsold houses rose to 44 weeks having been steady around the 40 week mark for the last couple of 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 $315,475 was up 3% as compared to a year ago and up on the prior month. The asking price expectation of new listings fell 1% as compared to a year ago at $356,746.

The level of new listings coming onto the market across the Waikato region in October at 713 was up 7% as compared to a year ago, but down as compared to September.

 

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Bay of Plenty Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Bay of Plenty Property Market Factsheet

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

Property sales across the Bay of Plenty region at 279 in the month fell significantly on a seasonally adjusted basis in October, but was up 9% as compared to a year ago. The inventory of unsold houses remained at 56weeks, this still leaves the region slightly above the long-term average of 53 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $315,475 was up 3% as compared to a year ago but up on the prior month. The asking price expectation of new listings in the Bay of Plenty was up 4% as compared to a year ago at $430,384.

The level of new listings coming onto the market in October at 765 was down from September and down 5% as compared to a year ago.

 

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Central North Island Property Pulse factsheet – October 2011

Posted on: November 29th, 2011 | Filed in Central North Island Property Market Factsheet

The Central North Island region property pulse factsheet for October 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 55 in the month fell on a seasonally adjusted basis in October but was up 28% as compared to a year ago. The inventory of unsold houses fell to 82 weeks to remain in line with 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 $315,475 was up 3% 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 up 2% as compared to a year ago at $344,669.

The level of new listings coming onto the market in October at 133 was up slightly from prior month but down 36% as compared to a year ago.

 

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