NZ Property Investor

WHAT'S DRIVING HOUSE PRICES?

UP REINZ data shows year-on-year, median prices remained steady, with the national median sale price dropping 0.7 per cent year-on-year to $779,830. There was no change in the median price for NZ, excluding Auckland, both year-on-year and month-on-month, with the price remaining at $700,000. Nine of the 16 regions saw an increase in their median sale price year-on-year.

You’re reading a preview, subscribe to read more.

More from NZ Property Investor

NZ Property Investor3 min read
Standing Out In A Cooling Market
Recent data from Trade Me Property shows a 40 per cent increase in rental listings in July 2024 compared with last year. This surge means landlords must work harder to attract and retain tenants. Two critical factors that can make a property stand ou
NZ Property Investor3 min read
Unconsented Works A Big Issue
With a tight housing market and increasing costs, some homeowners and investors are deciding to quit properties to reduce debt or to free up cash. But when they go to sell, they are finding that unconsented works can hold up the sale process - and co
NZ Property Investor7 min read
Flats With More Than One Catch
A discussion document released by the Ministry of Business, Innovation & Employment (MBIE) has put forward a proposal that will allow “granny flats” - small self-contained and detached houses - to be built on properties that already have an existing

Related Books & Audiobooks