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Quotable Value New Zealand - Latest News [Page 1]
Spring Marks Subtle Shift In Market Conditions
Tuesday, 8 October 2024, 5:12 pm | Quotable Value New Zealand
First-home buyers remain very much in the ascendancy right now, but we’re already starting to see more investors coming out of the woodwork. More >>
Housing Market Still Flat Despite Interest Rate Cuts
Monday, 30 September 2024, 10:58 pm | Quotable Value New Zealand
Spring has sprung and interest rates are coming down – but don’t expect to see house prices suddenly take off again soon. More >>
Frigid Housing Market's Winter Blues Continue
Tuesday, 13 August 2024, 8:04 am | Quotable Value New Zealand
Latest QV House Price Index shows values decreased nationally by an average of 1.9% across Aotearoa throughout the three months to the end of July – a larger rate of reduction than the 0.9% quarterly decline recorded back in June. More >>
House Hunters 'In Hibernation' Until Conditions Improve
Tuesday, 9 July 2024, 7:17 am | Quotable Value New Zealand
Frosty economic conditions continue to impede New Zealand Aotearoa’s now ice-cold housing market, causing home values to dip with the temperature in most main centres. More >>
Property Values Teetering On The Brink Of Winter
Friday, 14 June 2024, 7:07 pm | Quotable Value New Zealand
The latest QV House Price Index shows home values decreased by an average of 0.2% nationally over the three months to the end of May 2024 – down slightly from the 0.1% quarterly growth reported for April – with the average value now sitting at ... More >>
Winter Is Coming What's In Store For The Housing Market Over The Next Few Months?
Tuesday, 14 May 2024, 7:24 am | Quotable Value New Zealand
Latest QV House Price Index shows that the average home value increased nationally by just a fraction of a percentage point – a significant slowdown from the 2.2% quarterly home value growth recorded at the end of March. More >>
Residential Recovery Sluggish In First Quarter Of 2024
Tuesday, 9 April 2024, 9:33 am | Quotable Value New Zealand
The latest QV House Price Index for March shows the average home value has increased nationally by 2.2% to $924,734 over the first three months of 2024 – a small increase on the 1.3% quarterly home value increase reported at the end of February. More >>
Construction Cost Growth Continuing To Cool
Wednesday, 28 February 2024, 9:23 am | Quotable Value New Zealand
The average cost of building a home in New Zealand Aotearoa’s main centres has increased by 0.3% this quarter and 5.2% since February 2023. This is in stark contrast to previous CostBuilder construction cost updates in the Covid-19 era, which showed ... More >>
Slow Recovery To Be Continued In 2024
Tuesday, 19 December 2023, 6:23 pm | Quotable Value New Zealand
The housing market continues to strengthen into the festive season – but a slow recovery throughout 2024 is expected. The national average home value is now precisely 3.3% lower than at the start of 2023, compared to an average reduction of 10.2% from ... More >>
Cost Of Building A Home Increases By 4.9% Annually
Thursday, 30 November 2023, 10:39 am | Quotable Value New Zealand
The average cost of building a home in Aotearoa New Zealand’s main centres has increased by less than half as much as last year. QV CostBuilder is New Zealand’s most comprehensive construction cost database. More than 42,000 rates were updated ... More >>
Green Shoots Of Recovery Spreading
Wednesday, 11 October 2023, 6:15 am | Quotable Value New Zealand
There are further signs of revitalisation within Aotearoa New Zealand’s residential property market. While the market remains largely flat overall, with the average home value increasing by just 0.9% in the September quarter to $899,256, the latest ... More >>
Has The Real Estate Recovery Begun?
Tuesday, 12 September 2023, 6:12 am | Quotable Value New Zealand
The residential property market has experienced a modest amount of home value growth this quarter, driven primarily by first-home buyers outside of Aotearoa’s main urban areas. The average home increased in value nationally by 0.5% to $893,639, ... More >>
Downturn Slowly Running Out Of Steam As Bottom Of The Market Beckons
Tuesday, 8 August 2023, 7:14 am | Quotable Value New Zealand
Aotearoa New Zealand’s residential property downturn continues to decelerate, with the nation’s three-month rolling rate of decline reducing for the fourth straight month. The QV House Price Index for July 2023 shows the average home decreased in ... More >>
Rate Of Decline Softens But Results Are Mixed As Volatility Continues To Impact Numbers
Tuesday, 11 July 2023, 6:24 am | Quotable Value New Zealand
Declining home values continue to soften in many parts of Aotearoa New Zealand, and yet heightened volatility as a result of reduced sales activity means we are likely to see that rate of reduction both leap and fall in the coming months. The ... More >>
NZ Property Downturn Eases Once More
Monday, 19 June 2023, 5:08 am | Quotable Value New Zealand
The residential property market’s downward trajectory has eased slightly for the second month in a row – but we could yet be in for some increased volatility in the months ahead. The latest QV House Price Index shows home values decreased by ... More >>
Declines Slowing In Some Centres, Still Increasing In Others...
Tuesday, 9 May 2023, 10:33 am | Quotable Value New Zealand
Aotearoa New Zealand’s average home value is zeroing in on the $900,000 mark following yet another month of widespread declines across the motu. The latest QV House Price Index shows values have reduced by an average of 4.5% throughout the first four months ... More >>
QV CostBuilder Construction Data Now Supported In RIB CostX
Tuesday, 18 April 2023, 9:43 am | Quotable Value New Zealand
Quotable Value (QV) is pleased to announce a new partnership with RIB Software that will allow CostX users to access QV CostBuilder’s vast library of regularly updated construction costs. QV CostBuilder is Aotearoa New Zealand’s most comprehensive ... More >>
Downturn Deepens As Official Cash Rate Rises Once Again
Wednesday, 12 April 2023, 5:22 am | Quotable Value New Zealand
The residential property downturn appears to be gaining momentum once more, with home values making their largest first-quarter fall in more than 15 years. The latest QV House Price Index for March shows property values have decreased across Aotearoa ... More >>
Housing Market Still A Long Way Off Pre-pandemic Levels
Thursday, 9 March 2023, 6:08 am | Quotable Value New Zealand
Aotearoa-New Zealand’s residential property market will need to decline for up to two more years at its current rate to reach pre-pandemic home value levels. It has now been three years since the first official case of Covid-19 hit these shores ... More >>
New Rating Valuations For Whanganui District Council
Thursday, 2 March 2023, 9:50 am | Quotable Value New Zealand
Whanganui District property owners will soon receive a Notice of Rating Valuation in the post with an updated rating value for their property. The new rating valuations have been prepared for 22,316 properties on behalf of the Whanganui District Council ... More >>
