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?
Latest scams to look out for 👀
Neighbourly hopes to keep you safe by keeping you informed of the latest scams circulating. This week, we are sharing two common text message scams:
NZTA / Waka Kotahi scam:
- The scam is a text message saying it's from New Zealand Transport Agency Waka Kotahi, and it encourages the recipient to pay an overdue road toll by visiting a fake website, threatening to take the matter to court within 15 days if they don’t pay up.
- The aim is to trick people into giving away their personal details or pay them money.
- While it is not the first time toll payments have been utilised by scammers, the threat of court action could see more people fall victim.
- The sender will either be a unknown phone number or unknown email address.
Want to report one of these scams? Do so, on Netsafe
NZ Post scam:
- This scam arrives by test message and says it's from NZ Post.
- The premise is that delivery of your parcel was unsuccessful so in order to rearrange delivery. you must click on a link to give your correct address.
- The aim is to trick people into giving away their personal details or pay them money.
- NZ Post advises people not to click the link, but to report the message to the Department of Internal Affairs by forwarding it to 7726.
Think you may have fallen prey to a scam? Get in touch with Netsafe or contact your bank if it involved your bank details.
Remember, if you didn't expect the message and you are now asked to share personal details or money, then stop contact and seek advice elsewhere.
Feel free to share any below that you've encountered recently. This may help others across the country be aware.
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Poll: Have you had a pen pal?
With the invention of the internet and mobile phone communication, pen pals seem to be a thing of the past but it was a common practice at one point.
Did you have a pen pal? Where did you meet them? Share below!
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67.1% Yes
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32.5% No
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0.4% Other - I'll share below!
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