Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Harcourts MarketWatch National Property Overview Nov 2012

Harcourts MarketWatch National Property Overview

With house prices continuing to rise 12.2% nationally, buyers still hang in hope of relief but as the government fails to provide a detailed solution for them, frustrations grow. Where is the proactive solution to affordable housing for those buyers now reported to be door-knocking out of desperation for a home? A rise in residential dwelling consents and listings in Auckland and Christchurch will not abate the supply vs. demand issue prevalent in these centres. This is an issue not ready to go away as red tape and process stifle progress. Publicity around auctions grows as sellers’ preferred method of sale and this is reflected in a 33.7% increase in new auctions across the country making for an active sellers’ market.

Hayden Duncan, Harcourts New Zealand, CEO

@HarcourtsNZ

Harcourts_MarketWatch_Nov2012_.pdf

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.