Nelson, mid month Oct 2011 whats happening with home prices

Oct 20th, 2010

At the beginning of every month produce the NZ Property Report, and its definitely a fascinating insight for Kiwi’s into their documented second most popular observer sport.

From my perspective, and that could well be different from yours, it tracks another important delta too….that for me at least is the difference in “asking prices” for property advertised on the site.

It also tracks another important factor in a property consultants life, the “inventory days to sell.”

BNZ’s Chief numbers man, Tony Alexander, reports tonight, some agent in Nelson saying this below….(& no, in case you are wondering…..its not this agent)

Nelson, is one of a few zones in New Zealand that seems to be experiencing mixed conditions, and therefore reactions…and not just from buyers.

Mid month Trademe rolls out the stats from their site, with a good dose of QV data throw in. (QV – Quotable Value – NZ)

My latest Trademe email** seems to show the situation locally exactly as I see it too.

Trademe's October 2011 Newsletter update

If you’ve got those “eagle eyes” we all want to have, you may have deciphered that the above chart does indeed relay some pretty important additional info for property buyers in NZ.

Like usual Auckland shines, and courtesy of…..finally EQC cheques are flowing…another part of NZ factors up there too…….BUT then…….whos’s up next?

You decide?

*** you too can sign up to have this same email delivered personally by visiting here

NB: Trademes newsletter that I mention above has a generic website URL…so if you click on this many months after the current one – Oct 2011 – you’ll be taken to the latest data…..and the relevance of my post may not quite be so current – just letting you know.

CREDIT – (be aware that this this URL will be date dependant)