Property Journal
Property Journal
Property Journal
In the March quarter, Housing transfers to foreigners accounted for 0.4% of the total This year, in the first quarter, a total of 24,297 housing transfers were included in a total of 33,342 real estate transfers nationwide. Of the housing transfers, cases without New Zealand citizenship or permanent residency accounted for 0.4%, which was…
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House prices continue to fall, April property listings well down It was revealed that the housing market is continuing to slow down as new real estate listings recorded the lowest level ever last month. According to data from realestate.co.nz, the number of new real estate listings in the market decreased nationwide in April. The…
Read MoreBuyers using building reports as a price weapon Harcourts agent David Ding, whose Glenfield and Hillcrest patch is focused on homes around the $900,000 to $1m mark, said he is still seeing a lot of buyers sitting on the fence. “They’re still waiting for prices to drop 5% to 10% although there are those…
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Mortgage demand drops by fifth as property market slumps further Mortgage spending continues to plummet as homebuyers across the country sit on the sidelines of the slumping property market. Equifax New Zealand’s consumer credit demand index for the three months ended March shows overall consumer credit demand fell 6.2 percent from a year ago,…
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