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

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

'Irregular Accounting': Voluntary Suspension Of Fuji Xerox Govt Contracting

This suspension gives the Ministry of Business, Innovation, and Employment time to understand the full implications of the report from FUJIFILM Holdings into irregular accounting practices at FXNZ. More>>

ALSO:

MPI: Cow Disease Detected In NZ For First Time

MPI is responding to the detection of the cattle disease Mycoplasma bovis in a dairy herd in South Canterbury... The disease is commonly found in cattle globally, including in Australia, but it’s the first detection of it in New Zealand. More>>

South Island Flooding: Focus Moves To Recovery

As water recedes throughout flood-impacted areas of the South Island, Minister of Civil Defence Nathan Guy has praised the efforts of those who were involved in the response to the flooding... More>>

ALSO:

Superu Report: Land Regulation Drives Auckland House Prices

Land use regulation is responsible for up to 56 per cent of the cost of an average house in Auckland according to a new research report quantifying the impact of land use regulations, Finance Minister Steven Joyce says. More>>

ALSO:

Fund For PPP Plans: Govt Embraces Targeted Rates To Spur Urban Infrastructure

The government's latest response to the Auckland housing shortage will see central government and private sector firms invest in 'special purpose vehicles' to fund essential roading, water and drains that Auckland Council can't fund without threatening its credit rating. More>>

ALSO: