The average house price fell by $4,000 in April, with sales slumping 45%.
Real Estate
The average house price rose in March, but sales of lower priced properties plummeted.
The average house price fell to $337,500 in February, down 4.1 percent from November’s peak.
The average house price fell to $340,000 in January, down 3.4 percent from November’s peak.
At 57,000, the number of houses for sale has jumped by 35% since last year.
New Zealand’s top 10 real estate websites in early 2008.
Most New Zealanders are confident of meeting their mortgage repayments over the next year, but there could be clouds on the horizon for those whose fixed interest rate is about to expire.
The average house price in New Zealand fell from the record high of $352,000 achieved in November to $345,000 in December 2007. Prices fell in five out of New Zealand’s twelve regions.
The average house price in New Zealand has reached a new record high $352,000, although signs of a slowdown persist.
Bank says that high interest rates are hurting the housing market and there is no sign of relief.
The average house price in New Zealand fell slightly from $351,500 to $350,000 between September and October 2007.
House prices in New Zealand have edged upwards to reach a new high.
The number and value of new houses being built in New Zealand continues to rise. The largest increases were seen in Auckland and Canterbury.
After two months of falls, house prices in New Zealand have recovered to reach new record highs.
For the second consecutive month, New Zealand’s average house price has dropped slightly.
New Zealand’s average house price has dropped slightly from last month’s record high.
New Zealand’s average house price has risen slightly, to a new record high of $350,000.
New Zealand’s average house price has risen to a new record high of $349,000.
New Zealand’s average house price has risen to a new record high of $343,500.
New Zealand’s average house price has risen to a new record high of $335,000.
A quarter of British people currently trying to get onto the property ladder would consider moving as far as New Zealand to achieve their amibition.
The median house price in New Zealand fell to $327,000 in January 2007.
Latest figures show the median price of a house in New Zealand was unchanged at $330,000 in December 2006.
The average price of a house in New Zealand has risen to $330,000.
The average price of a house in New Zealand has risen to $324,000.
The Governer of New Zealand’s central bank has expressed concern about the high levels of property investing in New Zealand.
The average price of a house in New Zealand has recovered to its previous record high of $313,000.
The Building Research Association of New Zealand has published the results of a survey indicating that many houses in New Zealand are damp and in need of repair.
The average price of a house in New Zealand has dipped to $310,000 from the previous month’s $313,000. Prices in several regions including Auckland, Wellington and much of the South Island showed slight rises.
The average price of a house in New Zealand has risen to $313,000 but prices in six regions including Auckland fell.
The average price of a house in New Zealand has risen to $310,000.
The average price of a house in New Zealand remained unchanged last month - although gains were seen in some regions and falls in others.
The average price of a house in New Zealand has risen to $305,000, with wide regional variations.
The average price of a house in New Zealand has exceeded $300,000 for the first time.
The average price of a house in New Zealand fell slightly in December although many regions, including Auckland, reported increases.
The average price of a house in New Zealand reached $300,000 for the first time in November, driven by demand in the main population centres of Auckland, Wellington and Christchurch. The average NZ house price has risen 53 percent in three years.
New Zealand’s median house price rose to a record $295,000 in October compared with $290,000 in September. October’s figure is $38,000 higher than October 2004.
Howard Morley, of the Real Estate Institute of New Zealand, said agents reported a widespread shortage of listings throughout the country, contributing to a fall in the number [...]
The ASB Bank’s Housing Confidence survey published today shows New Zealanders expect house prices and interest rates to go on rising.
The bank believes this will lead to a riskier home ownership environment in the year ahead.
The ratio of house prices to incomes is going up. This means people have higher mortgages and [...]
New Zealand’s median house price was unchanged in September at $290,000. This is $50,000 higher than September 2004.
A new record national median house price of $290,000 was recorded in August. This is $10,000 higher than July and $42,000 higher than one year ago.
Property prices eased in July, although sales remained strong, according to the latest Real Estate Institute of New Zealand figures.
After seeing price falls in April, the New Zealand housing market defied the pundits by rallying in May, a month not normally noted for increased prices.
The national median selling price rose rose $3,000 from April’s figure to $275,000.
The number of houses sold was down slightly from 9,416 in May 2004 to 9,280 [...]
The Greens are expressing concern at the number of New Zealand houses being bought by people from overseas.
Most migrants have two items near the top of their wish-list. One is that the New Zealand Dollar will weaken. The other is that house prices in New Zealand will stop rising. Neither appears to be happening just yet - although people keep hoping.
After very strong rises in March, the housing market fell in April - a traditionally poor month - says the Real Estate Institute.
The housing market rallied very strongly in March, continuing to defy predictions of a downturn says the Real Estate Institute.