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?
Some Choice News!
Many New Zealand gardens aren’t seeing as many monarch butterflies fluttering around their swan plants and flower beds these days — the hungry Asian paper wasp has been taking its toll.
Thanks to people like Alan Baldick, who’s made it his mission to protect the monarch, his neighbours still get to enjoy these beautiful butterflies in their own backyards.
Thinking about planting something to invite more butterflies, bees, and birds into your garden?
Thanks for your mahi, Alan! We hope this brings a smile!
Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
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Highfield Donkeys - Algies Bay
Are you looking for the perfect story book for children? Donkey Tails is available to purchase for $20 plus P&P from the contacts below. It's a delightful book with lovely illustrations by Julianne Edwards. The author, Jenny Roberts, re-tells some memorable events involving donkeys. Suitalbe for 3 to 7 yr olds it's a must buy.
Secretary, Christine Lamont: christine.lamont@xtra.co.nz
Website: www.highfielddonkeys.nz...
E Mail: thehighfielddonkeys@gmail.com
Or - if you're around Snells Beach tomorrow, Sunday 21st Dec we'll be selling them for $20 each at the Community Centre in Hamatana Road from 10.00 to 2.00pm for the Snells Beach Community Market. Lots of other goodies to look at and buy. Marion 0212176834
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