QV September 2011 - the regions (12 Oct 2011)
Auckland remains on the up, while Wellington values level off after a sustained period of price and sales falls.
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Sales volumes up, prices down in September (12 Oct 2011)
This September saw a 21.1% rise in sales on the year earlier, but just 43 extra sales than August 2011, “a modest result given the lift usually expected during spring.”
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Investor activity strong in Hutt Valley, muted nationwide (12 Oct 2011)
Investor demand is strong in the Hutt Valley and Wellington but nationwide investors are “sitting on their hands.”
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Triple jump for EQC levy (11 Oct 2011)
Earthquake Commission (EQC) levies will triple from next year as the Commission seeks to rebuild its Natural Disaster Fund (NDF).
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Auckland property prices hit six-month high (05 Oct 2011)
The price of the average home in Auckland has hit a six month high of $547,883, up 3.2% on August and just under 5% above last year.
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House prices just 5% below peak and set to rise (03 Oct 2011)
House prices are just 5% below the November 2007 peak and are set to rise 3% this and next year, according to JPMorgan economist Helen Kevans.
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Auckland’s real estate valued at $354 billion (03 Oct 2011)
The total value of Auckland’s real estate is $354 billion, according to the first Auckland Council revaluation of 516,000 properties – the largest revaluation project ever undertaken in New Zealand.
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September sees surge in listings and asking price (03 Oct 2011)
New listings surged in September and the mean asking price rose $10,000 to 3.4% above last year and just 1% below the peak asking price in April this year.
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Home approval numbers show ‘strong increases’ (30 Sep 2011)
The number of new dwellings authorised – including and excluding apartments – show “strong increases” in both July and August, according to the latest Statistics New Zealand (SNZ) figures.
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Every silver lining has a cloud (30 Sep 2011)
The good news is landlords’ have little need to worry about new tax changes – the bad news is that for many, the impact of the last round has yet to be felt.
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