WebJan 24, 2024 · In total, the NZ property market fell 12.4% between the price peak in November 2024 and October 2024 ( REINZ House Price Index ). This means that if a $1M property in Hamilton followed the NZ market perfectly, it would now be worth $875k. This is a loss of $125k (at least on paper). But this figure goes up and down depending on who … WebSuburban Trends over 33 years. The average national household income started in 2010 at $34,000 and has risen over the next eleven years to $50,000. We can see that Mount Maunganui has consistently had higher house prices than other areas in Bay of Plenty, with Rotorua being consistently low, until last year when its price has climbed above ...
Faded dream: Is boomtown Tauranga a bust? The Spinoff
WebRental price indexes: January 2024 Stats NZ The index for the stock measure of rental property prices rose 0.3 percent in January 2024 compared with December 2024. WebMay 17, 2024 · While the housing market cools in most parts of the country, demand for luxury property is soaring in the Bay of Plenty with records sales in three Tauranga … town 2010 movie r rated
New Zealand housing demand plunges amid market collapse
WebMar 9, 2024 · QV property consultant Derek Turnwald commented: “The Tauranga housing market is still not in great shape, with the average home value looking increasingly likely to drop below $1m over the ... WebDec 26, 2024 · These are the houses you loved in 2024. From unprecedented price increases to government intervention to a credit crunch, 2024 has been a memorable year for New Zealand’s property market. It was ... Web13 Feb 2024. Share. Buyers are desperate to find a home in Tauranga, but its tight housing supply makes house hunting challenging. What’s worse, a property developer predicts … town 20 miles sw of birmingham