New Zealand
Interest in Neurosurgery house high and will sell!
On the 21st April Harcourts Dunedin will auction the neurosurgery fundraiser house on site in the Mitre 10 Mega car park on Anderson Bay Road, Dunedin.
Marketing of the charity house, undertaken by Harcourts Dunedin, has returned great interest over the last few weeks says Harcourts Dunedin Manager Geoff Stevens and sales consultant Jane Bradshaw.
“We have seen good numbers through the open homes averaging 130 people each weekend which is great,” says Jane.
“Over the last four open homes there has been a lot of interest from different parties. This weekend will be the last opportunity to view the charity home from 1130am with the auction scheduled for 1230pm.”
March 3 saw local businesses unite as Mitre 10 Mega, Certified Builders Association of New Zealand and Harcourts Dunedin announced plans to build a three-bedroom home in the Mitre 10 Mega car park with proceeds going to the…
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Home-buying confidence is back
108 residential properties sold last month
Sales of residential properties in Marlborough rebounded in March compared with the same month a year earlier.
One hundred and eight residential properties were sold in Marlborough last month, compared with 67 in March last year, according to Real Estate Institute of New Zealand (REINZ) figures. However, March 2011 was a particularly slow month for residential sales in Marlborough.
Harcourts Marlborough co-owner Aaron Davis said first-home buyers, investors, and people who had been paid out from their Christchurch properties and were moving to Marlborough were driving the increased movement.
Others felt the time was right to upgrade to a more modern home.
“People are gaining confidence again and there is the perception the property market has bottomed out.
“After a few years of downwards pressure, the market has stabilised, as owners’ and buyers’ expectations are more aligned.”
The median house price in Marlborough increased…
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House sales improve in Hamilton
First home buyers and investors drove a sharp improvement in house sales last month in Hamilton, says Harcourts. Hamilton agency general manager Brian King said there were 265 sales last month compared to 246 in February, with the median price improving to $330,000 from $316,000 the previous month. Residential properties took 35 days to sell last month compared to 46 in February.
King said the reason for the market lift was partly seasonal, but continued a “real improvement” over the past four months.
“It’s the best back to back result we’ve seen for around four years. There are good enquiries from first home buyers and there’s a really noticeable swing in the investor market.”
House supply has tightened in the city and it seemed buyers were reacting to the risk that short stock could lead to price rises, and they wanted to get in before that happened, King said. There…
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Harcourts MarketWatch (April 2012, NZ)
View Harcourts’ April MarketWatch 2012 for the latest market update across New Zealand
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New industry regulation draws big crowd for Continuing Education
Harcourts first REAA Continuous Education Verifiable training at the Ellerslie Events Centre with 300 people in attendance (copyright Harcourts Group Ltd 2012)
The first group of agents attended the first Harcourts Continuing Education session on Monday at Auckland’s Ellerslie Events Centre.
The Events Centre was a mass with three hundred people as each attended their first 2.5 hours of Verifiable Continuing Education. The Harcourts group was the first of many real estate agents to start their 10 hours of verifiable continuing education required under the new Real Estate Agents Authority (REAA) practice rule.
As of 1 January, 2012 a new regulation was introduced by the REAA for all those holding real estate licenses to attend and complete 20 hours of continuing education each year as a requirement of all licensees to renew their real estate license.
Hayden Duncan, CEO of Harcourts Group, says the industry…
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Property Focus (April 2012, NZ)
View the latest Harcourts Property Focus for April 2012 now
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