New Zealand: typical city centre apartment buying price, monthly rent (120 sq. m) Buying priceRate per monthYield Auckland$412,571$1,8855.48% Recent news: For the last six years New Zealand's economy’s performance has been robust, with growth of 2.2% in 2019, 3.2% in 2018, 3.8% in...
house pricesmacroeconomic shocksasymmetriesSVAR modellingA two-part SVAR model for New Zealand (NZ) identifies impacts ofcommonmacroeconomic shocks on national and regional city house prices. Results suggest that NZ regional housing market asymmetries exist in terms of responses to, as well as the ...
A new report from the Real Estate Institute of New Zealand shows home sales are up across the country, although prices have fallen. Sales jumped 20.1% in December compared to the same month in the previous year, while prices declined 0.9% over the same period. Analysts say the transaction v...
“By historical and international comparisons and some measures of affordability New Zealand’s house prices appear elevated (…). This in part reflects a limited housing stock from low housing investment in recent years and geographical constraints preventing a rapid housing supply response. With house...
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The average asking price for a home in Otago jumped up 8.3 percent to 454,102 New Zealand dollars in May and Southland prices increased by 9.5 percent to 344,688 dollars. Housing prices in the capital Wellington have been stable in the mid 600,000 dollars for the first four months of 201...
The number of new homes consented per 1,000 residents across New Zealand was 9.6 in 2021, up from 7.8 in 2020, Heslop said. The average floor area of all new homes consented in 2021 was 154 square meters, down from 156 square meters in 2020, he said, adding that the average floor ar...
How much do things cost in New Zealand? Peak seasons in New Zealand Prices for accommodation, flights and vehicle hire can fluctuate during busy seasons. The peak times are around Christmas and high summer (December through to early March) across the country, and in winter (June to August) ...
What is the price per night for a vacation home in New Zealand? The nightly price of accommodations in New Zealand starts at $42. Average prices for house rentals are $355 per night. Apartment rentals in New Zealand cost on average $264 per night. ...