Tuesday , September 17 2019
Home / newzealand / Bad news for buyers: real estate ads have been remarkably low

Bad news for buyers: real estate ads have been remarkably low



The average demand for house prices in Wellington exceeds $ 700,000 for the first time in June, data from the Realestate.co.nz website show.

New data from the property sales web site showed that the average asking price in the capital increased by 3.8 percent.

Vanessa Taylor, a spokeswoman for Realestate.co.nz, said Wellington's average asking price had been slow in the past 16 months.

"There has always been a firm market, I have some real estate buyers who say that you simply can not get a stock of love and money, and it seems that the story has not changed," she said.

READ MORE:
* Gap in demand for housing in Nelson and Auckland narrows
* Note the requested rates for Waikato Real Estate
* The self-confidence of homeowners is great as well as the prices they are looking for

The Auckland Region saw that the asking prices returned more than $ 900,000 on average, after the quarterly fall.

Setting prices for homes in several regions has reached the peak of all time, says Realestate.co.nz.

DOMINICO ZAPATA / STUFF

Setting prices for homes in several regions has reached the peak of all time, says Realestate.co.nz.

"When we started recording data 12 years ago on realestate.co.nz, it turned out that the average home price in Auckland in June 2007 was $ 536,993.

"Ten years later, in June 2017, the average asking price exponentially jumped to $ 916,635 and it seemed to speed up the $ 1 million price," Taylor said.

With Wellington's prices in Canterbury, Manawatu-Wanganui and Southland reached record levels.

The biggest jump in prices was recorded in the Manawatu-Wanganui region, which recorded a record $ 425,239.

The average asking price in Canterbury reached $ 513,586, and Southland recorded a price increase of $ 350,321 on average.

"The Southland Region has also recorded a modest increase, for the first time exceeding $ 350,000 + which is significant for our hottest region," Taylor said.

The average price in Marlborough amounts to $ 529,617, which is by 9.2 percent more than in May.

Vanessa Taylor says real estate seekers continue to squeeze for the election.

SUPPLIERS

Vanessa Taylor says real estate seekers continue to squeeze for the election.

All over the country, new ads on the page fell from 12,345 in January 2007 to 7,545 in June 2019.

North, Taranaki, West Coast and Coromandel recorded record low values ​​in homes.

Only 34 houses went out on the West Bank, down 30.6 percent in new ads. There were 296 houses sold in the North, and 69 apartments in the Coromandel.

"Property seekers continue to compete for choice," Taylor said.

The houses stayed on the market longer, Taylor said, as new ads declined by 12.7 percent compared to June 2018, but the total number of properties sold for 8.7 percent with 9085 ads on the national level.


Source link