Botany and Ormiston Times
Howick and Pakuranga Times : Howick and Pakuranga Times Thursday February 16
www.times.co.nz Howick and Pakuranga Times, Thursday, February 16, 2017 — 23 OUR HOMES TODAY 2 Torrens Rd, East Tamaki. Ph 273-2969. www.botanycarpets.co.nz 103847-V5 GRASSLANDS OUTDOOR & LEISURE LTD JH12086 Steve Graham Fires from $1199 ONE STOP SHOP FOR WOODFIRES BEAT THE RUSH Brands available: • Metro • Masport FREE no-obligation quotes We can arrange installation and permit Best Deals Best Service Best Prices 209 Moore St, Howick. 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JH11824-V3 Aucklanders are once again start- ing to put their houses on the market, according to the latest figures released this week by Real Estate Institute of New Zealand (RE- INZ). After months of record low num- bers of houses available for sale across Auckland, the number of properties for sale in the region jumped by 1135 (17 per cent) compared to January 2016. This contrasts with declining numbers of properties for sale nation- wide, with 3743 fewer houses for sale in January compared to 12 months ago. Excluding Auckland, the num- ber of properties for sale has fallen by 4878 (-22 per cent) over the past 12 months. At the same time, median house prices have risen a seasonally adjusted 9.4 per cent across New Zealand year- on-year to $490,000, firming slightly (+0.2 per cent) and in line for this time of year. Two of 12 regions in New Zealand hit new record high median sale prices in January 2017 - Hawke’s Bay up 16 per cent to $366,000, and Nelson/Marlborough up 25 per cent to $470,000. The number of sales for January 2017 was 4307, down 6 per cent on a seasonally adjusted basis compared to December 2016, which is in line with market expectations for this time of year. REINZ CEO Bindi Norwell says: “On a seasonally adjusted basis, which is always the most reliable guide, the real estate market saw prices steady and volumes down 6 percent in Janu- ary. This is in line with expectations, as January is typically the quietest month in the market. “Anecdotal evidence from agents around the country suggests that the market has been picking up speed again towards the end of January. The number of properties for sale in Auckland is certainly rising, with more than four months of supply now available and a rise of more than a month of supply over the past year. “This lead indicator means greater choice for Auckland home buyers, and prompts us to ask whether the Auckland market is showing some early new signs of activity. “Market fundamentals remain the same, with a rising population, hous- ing shortage and historically low, although potentially rising, inter- est rates. We await the March data with interest, as a clearer picture will emerge of where the market is likely to head through 2017.” Eastern Beaches Dwelling median price 2013 $636,000 2014 $726,000 2015 $822,000 2016 $928,000 2017 $1,050,000 Percentage change 2016 to 2017 — +13% Dwelling numbers sold 2013 121 2014 106 2015 127 2016 85 2017 63 Percentage change 2016 to 2017 — -26% Median days to sell 2013 36 2014 45 2015 29 2016 46 2017 41 Percentage change 2016 to 2017 — -11% Auckland Region Dwelling median price 2008 $432,750 2016 $720,000 2017 $805,000 Percentage change 2016 to 2017 — +12% Dwelling sales volume 2008 1550 2011 1115 2016 1526 2017 1247 Percentage change 2016 to 2017 — -18% National sales distribution Under $400,000 2015 2190 2016 2187 2017 1611 Percentage change 2016 to 2017 — -26% $400,000-$599,999 2015 1312 2016 1310 2017 1105 Percentage change 2016 to 2017 — -16% $600,000-$999,000 2015 979 2016 1128 2017 1135 Percentage change 2016 to 2017 — +0.6% $1 million and over 2015 360 2016 423 2017 456 Percentage change 2016 to 2017 — +8% Regional housing market The past five years’ Auckland regional housing market at a glance, as at January’s figures WHO’S INCLUDED: The Eastern Beaches area includes Beachlands, Botany Downs, Bucklands Beach, Cockle Bay, Dannemora, East Tamaki Heights, Eastern Beach, Edgewater, Farm Cove, Half Moon Bay, Highland Park, Howick, Lloyd Elsmore Park, Maraetai Beach, Mellons Bay, Northpark, Pakuranga, Shelly Park, Sunnyhills and Whitford. Source: Real Estate Institute of New Zealand Choice returning after summer break Sales volumes see seasonal drop in January as Auckland and national median house prices rise year-on-year Inventory The number of properties available for sale continues to decline nationwide with 3743 fewer houses for sale in January compared to 12 months ago, although the number of properties for sale in the Auckland region as increased by 1135 (+17 per cent). Compared to January 2016 the number of new listings fell 9 per cent in Canterbury, 29 per cent in Wellington and 16 per cent in Waikato/Bay of Plenty. Excluding Auck- land, the number of prop- erties for sale has fallen by 4878 (-22 per cent) over the past 12 months. Sales volumes There were 4307 uncon- ditional residential sales in January, representing a 6 per cent drop in the num- ber of sales from December to January on a seasonally adjusted basis. This was in line with the percentage falls in December-January 2016 and December-Janu- ary 2015. Median prices rise, con- tinuing to be led by the regions The national median house price rose $42,000 (+9 per cent) year-on-year. Compared to December the national median house price fell $26,000 (-5 per cent). Nelson/Marlbor- ough recorded the larg- est percentage increase in median price compared to January 2016, at 25 per cent, followed by Waikato/ Bay of Plenty at 22 per cent and Manawatu/Wanganui at 21 per cent. Auction sales steady There were 280 dwell- ings sold by auction nationally in January, rep- resenting 7 per cent of all sales and a decrease of 138 (-33 per cent) on the num- ber of auctions in Janu- ary 2016. Transactions in Auckland represented 51 per cent of national auc- tion sales, with the number of auctions in Waikato/Bay of Plenty representing 26 per cent of national auc- tion sales and the number of auctions in Canterbury/ Westland representing 5 per cent of national auction sales. These three regions represented 83 per cent of auction sales in January 2017.
Howick and Pakuranga Times Thursday February 9
Howick and Pakuranga Times Thursday February 23