1552 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
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12 days ago

"Spoken Words" poetry gathering - Manurewa Library

Sonia from Flat Bush

Manurewa Library has started a poetry group called "Spoken Words". If you are a poetry-lover and would like to meet other people to read and share about the deeper nuances of prose, please come along tomorrow, Thursday at 10 am. For more details phone Sonia on 027 235 2199.

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5 days ago

Georgina's Rhubarb Crumble

Bruce McLaren Retirement Village

Craving a dessert that makes the most of spring's fresh produce? Look no further than Georgina's signature Rhubarb Crumble.

This delicious treat has become a favourite at Ryman’s Bert Sutcliffe Village, where the sweet and tangy aroma often wafts through the air, tempting neighbours in for a taste. It’s also a hit with Georgina's 13-year-old granddaughter, Brooklyn, who loves serving it warm with gooey custard or a scoop of melting vanilla ice cream.

Click read more for the recipe.

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2 days ago

Poll: Do you think banning gang patches is reasonable?

The Team from Neighbourly.co.nz

With the government cracking down on gangs, it is now illegal for gang members to display their insignia in public places whether through clothing or their property.

This means arrests can be made if these patches are worn in places like restaurants, shops, on public transport or ferries, and on airplanes. Arrests were made recently at a funeral.

Do you think this ban is reasonable?

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Do you think banning gang patches is reasonable?
  • 75.8% Yes
    75.8% Complete
  • 22.8% No
    22.8% Complete
  • 1.4% Other - I'll share below
    1.4% Complete
2001 votes