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1988 days ago

Home buyers have “less choice than ever” as Covid-19 hits Auckland property market

Ripu Bhatia Reporter from Community News

The impact of the Covid-19 pandemic on Auckland’s property market is being felt, data from realestate.co.nz reveals.

The number of Auckland homes for sale in August was down 7 percent from the same period last year with just 7399 listings.

This echoed national trends where the housing supply decreased by 13.2 percent to 17,974 listings.

The average asking price nationwide has increased by 9.1 percent to $824,702 over this period.

However Auckland was at odds with this trend, with a slight decrease in asking price by 0.8 percent to $982,155.

Realestate.co.nz spokesperson Vanessa Taylor said the national housing shortage is not getting better and buyers have “less choice than ever”.

“New Zealand's fast-growing population coupled with an increase in the number of Kiwis returning home due to COVID-19 is likely increasing the demand for property,” she said.

"With many Kiwis unable or reluctant to relocate overseas right now, this too is likely putting a strain on the market.“

Are you concerned about the impact Covid-19 will have on the Auckland property market?

More messages from your neighbours
16 minutes ago

Heartbeats Cardiac Support and Rehab Group at St Heliers Community Centre

Trent Lash from Heartbeats Eastern Bays

Heartbeats, the largest non-profit, community-led cardiac support group in New Zealand is meeting at the St Heliers Community Centre this Thursday, 12th February at 10:00am.

Meetings are informal, friendly and open to ALL heart patients, heart event survivors, their partners, family and whanau.

Having heart disease or facing major heart surgery can be lonely and very frightening. Come along and meet heart people who have all gone through the same thing, or are currently dealing with arrythmias, diabetes, COPD, or very high or low blood pressure.

Heartbeats is not a social group (although we are very social). It is a full support group for education, mental health support and helping with recovery and rehabilitation.

Hope to see you are our St Heliers/Glendowie Heartbeats launch on Thursday.

For more information: call Trent on 022 0606 199

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22 days ago

Poll: As a customer, what do you think about automation?

The Team from Neighbourly.co.nz

The Press investigates the growing reliance on your unpaid labour.

Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.

We want to know: What do you think about automation?
Are you for, or against?

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As a customer, what do you think about automation?
  • 9.4% For. Self-service is less frustrating and convenient.
    9.4% Complete
  • 43.5% I want to be able to choose.
    43.5% Complete
  • 47.1% Against. I want to deal with people.
    47.1% Complete
2503 votes
5 days ago

Gardening and Painting Services

Alex Linda from Alex & Linda

Our team is ready to give a makeover to your garden and a fresh paint/look to your interior and exterior of your house

Call, Text or email us for a free quote
027 944 4449
alexandlinda9@gmail.com
www.alexandlinda.co.nz....

Trimming/Cutting Hedges and Trees
Digging out/Removing overgrown unwanted plants/flowers
Seasonal Clean-up/Big Garden Clean up
Mixed/Green Waste Removal
Floor and Tile Painting
Indoor/Outdoor painting
Deck/Fence Painting/Staining