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Record breaking heat sees year-on-year sales volumes lift for first time in 7 months, says REINZ
As the mercury rose during January to produce the hottest month on record, sales volumes across New Zealand rose when compared to the same time last year for the first time in seven months according … View moreRecord breaking heat sees year-on-year sales volumes lift for first time in 7 months, says REINZ
As the mercury rose during January to produce the hottest month on record, sales volumes across New Zealand rose when compared to the same time last year for the first time in seven months according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data in New Zealand.
The number of properties sold in New Zealand during January 2018 increased by 2.7% when compared to January 2017 (4,366 up from 4,251). The number of properties sold in Auckland increased 0.9% year-on-year to 1,157 up from 1,147.
Regions with the biggest increase in sales count year-on-year were:
• Nelson – up 27.9% (78 compared to 61 in January 2017)
• Canterbury – up 18.1% (607 compared to 514 in January 2017)
• Tasman – 15.8% (44 compared to 38 in January 2017)
• Gisborne – up 12.5% (36 compared to 32 in January 2017).
Bindi Norwell, Chief Executive at REINZ says: “January can often be a quiet month for the industry as people spend much of their time at the beach or the bach. However, clearly the warmer weather has helped sales, as it’s the first time we’ve seen a positive year-on-year sales increase in seven months.
“There were some really positive figures from around the country, with 11 out of 16 regions experiencing an increase in sales when compared to the same time last year. Additionally, Gisborne saw the highest number of properties sold in the month of January since January 2007,” continues Norwell.
House prices continue to be driven by strong regional growth
The median house price for New Zealand increased by 7.1% to $520,000, up from $485,500 in January 2017.
Auckland’s median price decreased by 1.2% to $820,000 down from $830,000 at the same time last year. The only other region to experience a price decrease year-on-year was West Coast, down 10.0% to $135,000.
January also saw two regions experience record prices:
• Otago – up 32.9% to $475,000
• Hawke’s Bay – up 18.4% to $438,000
END.
With house prices continuing to increase in Hawkes Bay it is still a good time to sell.
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Get a live market appraisal in your home today with Ben Keehan, call now 06 8459202
There are lots of awesome events happening in neighbourhoods around Aotearoa for Children’s Day, Sunday 4 March. Check out what’s on near you. If you don’t head along to an event, remember the most important thing you can give tamariki is your time and aroha!
In a few weeks time the CnInspire charitable trust will be holding it's 1st Handbag's and Gladrags charity auction. We have over 40 gorgeous bags, and heaps of fabulous gifts that have been kindly donated from all over New Zealand. So, if you are looking for a fun night out with your … View moreIn a few weeks time the CnInspire charitable trust will be holding it's 1st Handbag's and Gladrags charity auction. We have over 40 gorgeous bags, and heaps of fabulous gifts that have been kindly donated from all over New Zealand. So, if you are looking for a fun night out with your workmates, or friends, grab a ticket on eventfinda.co.nz & support a local charity.
More Kiwis are cutting back on meat; more farmers are noticing the downturn. So what part does meat play in your diet?
Gardening expert and author Lynda Hallinan joined us us live on Homed on Valentine's Day to share her love of gardening and answer your plant-based dilemmas.
If you missed it, you can see what Lynda had to say and maybe get some new ideas to try in your own garden, by clicking here.
We’ve enabled local charities to raise over $367,000 last year through the use of our community BBQs. Some of our team have also got involved, like dedicated Dave cooking up a feast every weekend. Check out the video below to see why Dave fires up the BBQ each weekend and the next time you walk … View moreWe’ve enabled local charities to raise over $367,000 last year through the use of our community BBQs. Some of our team have also got involved, like dedicated Dave cooking up a feast every weekend. Check out the video below to see why Dave fires up the BBQ each weekend and the next time you walk past don’t forget to purchase a sausage sizzle as all funds go back to your local community.
Hi to all Power Consumers in HB
This is your last chance to have your say on the ownership of Unison Lines Company. The HB Power Consumers' Trust is holding its 5 year ownership review. Submissions close on Wednesday 14th February. You can read the PwC report at your local library, or on the … View moreHi to all Power Consumers in HB
This is your last chance to have your say on the ownership of Unison Lines Company. The HB Power Consumers' Trust is holding its 5 year ownership review. Submissions close on Wednesday 14th February. You can read the PwC report at your local library, or on the Unison website, www.unison.co.nz... scroll down to the Trust, then click review of ownership tab on left column. Submissions can be emailed to hbpct@bwr.co.nz, or delivered to BWR in Hastings. Have your say on this matter. Trustees want to hear from as many consumer shareholders as possible.
Diana Kirton
Hi everyone,
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Does anyone have a table top woolwinder they no longer use - to make balls not hanks. I went to wind some yarn and my winder has decided to break sadly. I have been all around the op shops without finding one and had it suggested to me I try on here. Mine was a singer brand but am open to trying a … View moreDoes anyone have a table top woolwinder they no longer use - to make balls not hanks. I went to wind some yarn and my winder has decided to break sadly. I have been all around the op shops without finding one and had it suggested to me I try on here. Mine was a singer brand but am open to trying a new type !! Thank you for your time.
Eight chairs originally brought from Harvey Norman.
Excellent condition no rips of cracking on any of them.
Would prefer to sell as a set. Measurements are shown on the photos.
Call Napier 843 1325
I am having a sort out! Have kept interesting newspapers over the years. Press 1936, earthquake issues, cyclone bola, Daily Telegraph, 120 years in print, A crowded century centennial issue and lots more. A pity to put in recycling! Ring me if interested. 8431367
Diawa 9/0 Game Fishing Reel with Sceptre 24gk rod. Good condition only every been used for trolling - ph Richard 0272878895
Genuine Harley Davidson Saddle Bags in good condition. 23.5cm between mounting holes. Did fit my 2007 Softail. Ph Richard 0272878895
Penn Senator 9/0 reel and Penn Senator 24kg Rod with 37kg IGFA nylon. Only ever been used for trolling - good condition. Ph Richard 0272878895
Deadline Sale
Marketed by Simon Hunt
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