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Business Scoop » Property Market Continues To Sizzle Over Summer


Press Release – Quotable Value New Zealand
2021 has begun in much the same fashion as 2020 ended for residential property as the housing market continues its upward trend. A shortage of stock continues to put upward pressure on prices in most parts of New Zealand with continued low interest
The QV House Price Index data has just been released showing the average value increased 6.27% nationally over the past three-month period, up from the 5.35% quarterly growth we saw in December, with the average value now sitting at $838,826. This represents an increase of 15.11% year-on-year, an increase from annual growth of 11.24% last month.
QV General Manager David Nagel said: “The major urban centres continue to show strong gains in value over the past three months, with Tauranga and Palmerston North leading the way with 10.46% and 9.19% growth respectively.”” ....

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Sizzling property market continues in 2021 as house prices maintain their upward march


Sizzling property market continues in 2021 as house prices maintain their upward march
Newshub
8/02/2021
Scott Palmer
© Video - Newshub; Image - Getty
Watch: House prices predicted to soar in 2021 as Auckland property boom starts again.
The sizzling property market has continued in 2021 as house prices maintain their upward march.
A shortage of stock continues to put upward pressure on prices while low interest rates and a recovering economy encourage buyers.
Major urban centres continue to show strong gains in value over the past three months, with Tauranga and Palmerston North leading the way with 10.46 percent and 9.19 percent growth respectively, says QV general manager David Nagel. ....

Hawke Bay , New Zealand General , New Zealand , Auckland Region , Tiwai Point , South Island , North Island , Wellington Region , Upper Hutt , New Plymouth , Tim Gibson , Rupert Yortt , Nicola Waldon , Olivia Roberts , Queenstown Lakes , David Cornford , Jeff Robinson , Greg Simpson , Jarrod Hedley , Derek Turnwald , Craig Russell , David Nagel , Kris Rogers , Andrew Ronald , Andrew Jaques , Palmerston North ,