I wish to say that 2010 has been a challenging year for most people in Christchurch. What is for most people the biggest asset they own the Canterbury Earthquake of September 4th Damaged many to a point where it starts to hurt peoples wealth which makes it hard for anyone to move forward with real…
Tag: qv
New Zealand June Property Review
PROPERTY VALUES INCREASE AS THE MARKET seems STABILISES FURTHER The QV national residential property indices for June released today show a 7.1 per cent decline in property values over the last year. This is a further improvement on the 8.1 per cent annual decline reported last month, and reflects continued stabilisation of the property market….
Christchurch QV May Statistics With New Zealand Market Comment
Christhchurch Property Trends Property values in Christchurch declined by 8.1% over the past year (calculated over the three months ending May 2009 in comparison to the same period last year), an improvement on the 9.6% annual decline reported in April. The average sale price for the city decreased slightly from $342,929 to $339,695. These annual…
March 2009 QV Statistics And New Zealands Housing Sales Volume
Christchurch This is the latest Press Release from QV. Property values in Christchurch decreased by 9.7% over the last year (calculated over the three months ending March 2009 in comparison to the same period last year), deteriorating further from the 9.1% annual decline reported in February. The average sale price for the city increased slightly…
Latest QV Figures Are Confirms a Continuing Trend
This is an update from QV for the month of January. From where I was on the ground there seemed to be alot of positives and enthusiasm as the interest rates have come back to record lows and this coupled by the drop in prices making housing affordability more realistic than it has been for…
The Property Market in 2008
This is an excert from QV in their montly reports. 2008 has been a pivotal year for the NZ property market with a sustained drop in property values for the first time since 1998. QV’s December Residential Price Movement report shows property values fell by 7.4% during the year. “Property values held reasonably flat through…
Is This The Market Bottom Or Just Traditional Summer Rush? December 2008
Today QV (Quotable Value) released their November Data on the New Zealand housing market and it’s fair to say that these statistics will have a few in this industry a little happier, but I feel the need to think is there more to it. QV have said this: QV’s November statistics for the residential property…
New Zealand Housing Market Slows Further – But Are We Going To See Signs of Improvement Soon?
QV’s October statistics for the residential property market report a 6.8% decline in national property values over the past year (calculated over the three months ending October 2008 in comparison to the same period last year), down on the 5.8% decline reported in September. The average New Zealand sale price for October remained steady at…
Property Market Tightening
QV’s September statistics for the residential property market report a 5.8% decline in national property values over the past year (calculated over the three months ending September 2008 in comparison to the same period last year), down on the 4.5% decline reported in August. The average New Zealand sale price for September was $379,854….