Posts Tagged ‘christchurch’

Druker House | Architect Margaret S. Munro

Monday, December 5th, 2022


439 Papanui road in 1960 (left) and 2022 (right)

History of 439 Papanui Road and the architect behind it.

Margaret Staples Munro (Hamilton), a female Christchurch architect, created the Georgian-inspired brick house for Dr. Jane Druker in 1960. The house …

October Market News

Monday, November 14th, 2022

Trends we are noticing are:

  • Further mortgage rate increases are expected
  • Increase in properties on the market
  • Buyers and vendors are acting with caution

“Stock levels were up 74.7% compared to October 2021. All regions have more property for sale, …

Whittle Knight News November 2022

Tuesday, November 8th, 2022

Market news (a quick summary of recent articles):

Tony Alexander’s (economist) recent comments on the interest rate increases: “Do I think the interest rate rises will be enough to cause new weakness in the housing market?

Only to a minor …

September Market News

Tuesday, October 11th, 2022

Trends we are noticing are:

  • Buyers are concerned about the rising interest rates
  • Sales activity is down and properties are staying on the market longer
  • Owner occupiers remain a strong buyer pool

“As the market stabilises, agents report the majority …

August Market News

Monday, September 12th, 2022

Trends we are noticing are:

  • Demand remains dampened due to mortgage rates and continued affordability concerns
  • Vendors are increasingly realistic with their asking prices
  • First home buyers are returning to the market

“That said, some real estate agents are reporting …

July Market News

Friday, August 12th, 2022

Trends we are noticing are:

  • Hesitancy amongst buyers due to higher mortgage cost and concerns over inflation
  • Market activity and prices have eased to moderate pace
  • First home buyers are beginning to return to the market

“Real estate markets are …

June Market News

Tuesday, July 12th, 2022

Trends we are noticing are:

  • Hesitancy amongst buyers due to higher mortgage cost and concerns over inflation
  • The market has slowed down to moderate pace
  • More negotiation happening

“Canterbury was the region with the strongest annual percentage growth in June. …

May Market News

Tuesday, June 14th, 2022

Trends we are noticing are:

  • Median days to sell has increased again to 43 days from last month’s 38 days.
  • The price growth of last year is receding
  • Tightening of lending criteria and rate increase has further slowed the activity

April Market News

Wednesday, May 11th, 2022

Trends we are noticing are:

  • Tightening of lending criteria and rate increase has slowed the activity of sales
  • Fall in month-to-month median prices
  • Annual price moderate growth

 

“Across New Zealand, the number of residential property sales decreased annually by …

March Market News

Tuesday, April 19th, 2022

Trends we are noticing are:

  • Tightening of lending criteria has slowed the activity of sales
  • Buyer competition has eased
  • Prices have remained steady

 

“With buyer demand subdued, sales activity experienced a 25.2% decrease and properties spent an additional five …