Tag Archives: Auckland

April Statistics

Posted on May 16, 2013 by Michael Ford

The Real Estate Institute of NZ residential sales medians and volume figures are available for April. I write this from Dunedin so have included this attractive city. The number of sales in Feilding through all Agents was down a little … Continue reading →

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Home Loan Affordability Changes

Posted on April 25, 2013 by Michael Ford

Surprise, surprise. Auckland is becoming even less affordable! The Roost Home Loan Affordability Report for March indicates that in Auckland Central it takes 87% of one median income to pay the mortgage on a median priced house. A typical buyer … Continue reading →

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Volume Lifts, but Not Prices!

Posted on April 18, 2013 by Michael Ford

The March Real Estate Institute Of New Zealand statistics are out and the number of sales in Feilding and Palmerston North was quite good – a fraction more than a long term average. This follows 2 months with well below … Continue reading →

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Now Might Be Best

Posted on March 7, 2013 by Michael Ford

Why do I think that now might be a good time to sell and buy in Feilding, and the Manawatu /Rangitikei? Firstly, our values are steady, unlike Auckland and Christchurch in particular. Secondly, our values are very affodable compared with … Continue reading →

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Price Highs, Lows, Then & Now Feilding Beats Auckland

Posted on December 20, 2012 by Michael Ford

It is interesting to see how different parts of New Zealand have experienced changing median house prices. I have looked at what the median price was in June 2003, (6/03) at the end of the 2003 – 2008 property boom … Continue reading →

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We Are Comparatively Ok!

Posted on December 6, 2012 by Michael Ford

Home loan affordability is worsening again in New Zealand, with Auckland leading the charge, according to the October Roost – Home loan affordability survey. The drivers of home loan affordability are house prices (which are rising in Auckland), after tax … Continue reading →

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Value Levels

Posted on October 18, 2012 by Michael Ford

I have been observing the emergence of 2 markets in NZ over the last year or so. Auckland and Christchurch are seeing rising values, and the balance of the country is not. Eastern Suburbs in Auckland had a median residential … Continue reading →

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2 Markets in NZ

Posted on September 13, 2012 by Michael Ford

Auckland and Christchurch are experiencing prices increases in their residential property markets, caused by shortages in supply. The rest of New Zealand is experiencing stable pricing. This is a generalisation, but largely accurate. Feilding’s median sale price calculated over 3 months … Continue reading →

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Big July!

Posted on August 16, 2012 by Michael Ford

July saw the highest number of residential sales through all Real Estate Agents in Feilding since November 2009. July was 10% up on a long term average, which shows that the sales numbers have been down for some time. In … Continue reading →

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Home Affordability As Good As In 2004!

Posted on April 3, 2012 by Michael Ford

The Massey University March 2012 Home Affordability index for the Manawatu Wanganui region is 71.27% against the All Districts national index of 100%. This puts us in 2nd place, following Southland on 54.5% as the most affordable region. Otago is … Continue reading →

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