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House Sales Starting To Decline

Friday, 21 May 2021, 3:51 pm The number of residential properties sold in April across New Zealand was the highest number of properties sold in an April month for 5 years with 7,218 properties sold, according to the latest data from the Real Estate Institute of New Zealand (REINZ). Despite this, the market actually appears to be slowing. In April 2020 New Zealand was under Level 4 lockdown restrictions, and the housing market has heated up significantly since previous years. It is no surprise that this year saw the busiest April in half a decade. Yet compared to March, April sales were down by over 2,500. “While in part this is what we expect

Property Market Shows Signs Of Slowing

Thursday, 13 May 2021, 3:51 pm Nationwide values increased by a further 3.1% over April according to the latest CoreLogic House Price Index (HPI). While this brings the annual growth rate to 18.4% up from 16.2% last month, the annual measure is impacted by base affects. A year ago, economic activity, including the housing market, had stalled as the nation moved through the first COVID related lockdown. It may come as a surprise to see the monthly pace of property value growth accelerate in April after the Government introduced the phased removal of interest deductibility for property investors, however it may take another month or so for these changes to flow

Why Accessible Design Will Create Long-term Value

Thursday, 13 May 2021, 3:57 pm On 30 April, Australia’s building ministers agreed to include minimum accessibility standards in the 2022 National Construction Code. This decision reflects how housing needs to be more flexible to meet the changing needs of an aging population during the next decades. Within 40 years, the number of Australians with a mobility limitation is estimated to almost double from 3 million to nearly 6 million. The recent challenges experienced by the aged care sector during the Covid-19 pandemic highlights the importance of enabling people to “age in place” and remain in their own home for as long as possible. Some simple changes to all new builds will result in a vast

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