Home buyers have “less choice than ever” as Covid-19 hits Auckland property market
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?
Poll: Should you ask before planting tall shrubs/trees near your property line?
It may be fine now but in a few years trees can block out light or views for neighbours.
Do you think neighbours should ask before they go ahead and plant these?
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69.3% Yes, always ask
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29.9% No
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0.9% Other - I'll share below!
We had to think about this one for a little bit to figure it out!
Ms.Smith has four daughters. Each daughter has a brother. How many kids are there in total?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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Q&A: Animal Welfare with SPCA's Dr Corey Regnerus-Kell
We're back with a Neighbourly Q&A session. This time with Dr Corey Regnerus-Kell who is a qualified veterinarian and SPCA’s General Manager Animal Services.
A little bit about Corey:
Corey has an interest in veterinary medicine, animal welfare, and biosecurity. He shares his home with ostriches, guinea pigs, bees, a rescue tortoiseshell named Lynk, a ragdoll named Oscar, two mini foxies called Chester and Maya and a black Labrador named Bonnie.
Dr Corey Regnerus-Kell is excited to answer your questions on all things animal welfare, whether it's how to best look after your new pet, how to combat separation anxiety or how to report neglect.
↓ Share your questions now ↓
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