Page 10 - Quotable Value News Today

Expect house prices to fall as downward pressures kick in over the next two years, an investment advisory company warns.

“We have identified all of our infrastructural restraints and enablers for Tokoroa and Tīrau so we are looking at those communities to assess where growth can take place quickly because it is all about speed to market now,” he said. “We have identified a number of growth cells so over the next few weeks I will be talking to landowners who have got land that is currently zoned residential that is not developed. “They are good to go. We don’t have to go and spend millions of dollar...

However, quarterly house price growth has slowed for the second month in a row, which may indicate the property market is cooling.  QV showed the national average price increased by 6.6 per cent, to $943,184, over the three months to the end of June. That was down from the 8.8 per cent recorded in the three months to May. How hard has it been for you to buy a house in the current market? Have you successfully bought a house recently, and what strategy did you use that worked? What advice...

"Well that's depressing."

"It does look like the housing market is not exactly doing a Titanic."

It's bad news for would-be first-home buyers in Hawke's Bay, the Hutt Valley and Marlborough.

It's bad news for would-be first-home buyers in Hawke's Bay, the Hutt Valley and Marlborough.

Auckland property prices: Homeowners to get bombshell valuations: new date out 18 May, 2021 05:00 PM 5 minutes to read House sells for double its valuation with 24 offers. Made with funding from NZ On Air. House sells for double its valuation with 24 offers. Made with funding from NZ On Air. NZ Herald Auckland homeowners can expect a "bombshell" rise in their council valuations when city-wide revaluations are released later this year, a property lawyer says. City house prices have soared 35 p...

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Auckland homeowners to get bombshell property valuations (Photo / NZ Herald) Wed, 19 May 2021, 9:17AM Auckland homeowners can expect a "bombshell" rise in their council valuations when city-wide revaluations are released later this year, a property lawyer says. City house prices have soared 35 per cent since the last valuations in 2017, with Auckland Council revealing it now expects to issue new valuations – officially known as capital values or CVs – this October. Mum-a...