Nz House Market 2024. The qv house price index for april shows the national average value was flat with a 0.1 percent rise to $926,772 in the three months to the end of april 2024. “at 1,506, a high number of new listings continued to hit the market, and at month end we had 5,736 properties on our books, nearly a third higher than in june last year.
The data shows a national and regional increase in listings and sales counts while median sales prices stabilise. The nz housing market is pretty weak, thanks to an excess of supply and the ongoing impact of high interest rates.
There's Growing Acceptance That We're In The Upwards Leg Of The Cycle.
We saw house prices fall slightly in march.
Currently, The Forecasts For 2024 Range From 2.3% Price Growth To 8%, Which Are A Far Cry From The Start Of The Year When The Forecasts Ranged From A Drop Of 2.6% To Growth Of 3.3%.
How fast are property prices recovering in the new zealand property market?
Nz House Market 2024 Images References :
House Prices Peaked In Nov 2021.
House prices in new zealand.
Auckland House Values Have Dropped For The Past Five Months In A Row And Fell Further In The Latest Quarter, Quotable Value Says.
Up until recently new zealand house prices had been falling.