New Zealand: Auckland is at the height for real estate investors
Analyzing the most important innovations of the world real estate market, we could certainly not make us miss a truly extraordinary nation! Always on the crest of the wave and that every year attracts many tourists and future investors, even in the first months of 2019 it has qualified for its most unique and rare features. Land formed by two islands, one of the North and one of the South, is experiencing great success all over the world but also among the Kiwis, the inhabitants of this land.
The latest fresh news from New Zealand is the following: the Auckland market seems to be the best for potential buyers! According to statistics, the region has registered a shift towards the demand curve. Last March there was a fall in average property prices, allowing buyers to appropriate a property at a decidedly more advantageous price, widening the segmentation of the reference investors.
However, this situation is also positive for the sellers, who see themselves as the protagonists of a market that is clearly faster and oriented towards a "lively economy and open to international trade. Speaking in terms of percentages, the average property price in the Auckland region has fallen by 1.9% compared to February.
The new listings have also increased, by 5% compared to last year. In detail, in fact, the houses for sale in this region have increased by 15.5%, comparing these parameters to the same period of 2018. According to economists, this is a particularly thriving period since this trend does not seem to be deadlocked. But this "passion" for the New Zealand brick does not only come from foreign portfolios, but above all from the Kiwis themselves, who, noting the current convenience, prefer to invest in the purchase of a second home.
Expectations are therefore more realistic and optimistic than last year. Despite everything, however, it should be noted that New Zealand is a nation in full swing. There are very many shipyards dedicated to the construction of new residential areas, and the increase in population has led to a rapid growth in the demand for new offices, especially in the capital.
Even if the increase is not so substantial, this success is enjoying an overall advantage. One of the most active regions is undoubtedly that of Wellington, which greatly strengthens stock levels but also thanks to stable prices, allows buyers greater peace of mind at the time of pre-purchase.
In some parts of the country, however, the sales days for a building have increased slightly. This figure is however understandable, considering that the big cities have always attracted greater interest from investors, to the detriment of smaller companies.
Decrease in the average price and major investors, are the winning combo that is bringing New Zealand to a record high never seen before! What to say, good luck to this nation!
The latest fresh news from New Zealand is the following: the Auckland market seems to be the best for potential buyers! According to statistics, the region has registered a shift towards the demand curve. Last March there was a fall in average property prices, allowing buyers to appropriate a property at a decidedly more advantageous price, widening the segmentation of the reference investors.
However, this situation is also positive for the sellers, who see themselves as the protagonists of a market that is clearly faster and oriented towards a "lively economy and open to international trade. Speaking in terms of percentages, the average property price in the Auckland region has fallen by 1.9% compared to February.
The new listings have also increased, by 5% compared to last year. In detail, in fact, the houses for sale in this region have increased by 15.5%, comparing these parameters to the same period of 2018. According to economists, this is a particularly thriving period since this trend does not seem to be deadlocked. But this "passion" for the New Zealand brick does not only come from foreign portfolios, but above all from the Kiwis themselves, who, noting the current convenience, prefer to invest in the purchase of a second home.
Expectations are therefore more realistic and optimistic than last year. Despite everything, however, it should be noted that New Zealand is a nation in full swing. There are very many shipyards dedicated to the construction of new residential areas, and the increase in population has led to a rapid growth in the demand for new offices, especially in the capital.
Even if the increase is not so substantial, this success is enjoying an overall advantage. One of the most active regions is undoubtedly that of Wellington, which greatly strengthens stock levels but also thanks to stable prices, allows buyers greater peace of mind at the time of pre-purchase.
In some parts of the country, however, the sales days for a building have increased slightly. This figure is however understandable, considering that the big cities have always attracted greater interest from investors, to the detriment of smaller companies.
Decrease in the average price and major investors, are the winning combo that is bringing New Zealand to a record high never seen before! What to say, good luck to this nation!
