Summary According to recent data from the REINZ, the housing market continues to improve, posting record sales numbers in July 2020. Properties sold in Auckland, in July 2020 rose by 30.3% YoY the highest for July in five years. Kiwi Property ...
Summary A structural change in the commercial real estate industry is well underway, especially in retail and office space. But more clarity and impact on commercial real estate companies is expected after some time. Residential markets in New ...
Summary New Zealand was declared a COVID-19 free country in June and has lifted lockdown restrictions to resume business activities and ensure the economy recovers. Though there are some active cases at present, the pandemic seems under control....
Summary Amid growing concerns around the increasing number of COVID-19 cases and the ongoing tension between the world’s two biggest economies, investors seek stocks that offer stability to their portfolio. Due to the pandemic’s pro...
Summary TSX Real Estate Index has dropped by 23.63 percent since the beginning of the year; investors have also shunned REITs Overall sales and prices are projected to remain below pre-COVID levels by the end of 2022. Federal housing agency fi...
Summary Impact of coronavirus pandemic and subsequent shutdowns on the housing market has now begun to show. June 2020 QV HPI (House Price Index) showed that property values fell by 0.2% and were down in 4 of the 6 main centres. While listings...
The New Zealand property market has taken a hit due to COVID-19 with the country witnessing a drop in sales due to lower demand amid the lockdown period. According to the latest report released by REINZ, the number of properties sold across the co...
As Covid-19 shockwaves continue to ripple through the global and local property markets, it is easy for individuals to panic and fear for the worst. The property market has hit a wall of uncertainty as the sector enters in an entirely ...
Cash on hand is the most liquid asset that can be readily utilised for instantly carrying out economic transactions like buying, selling, or paying debt, and satisfying immediate needs and wants. The current situation of dismay and shock due to COVID...
Most of the industries, including the real estate sector, have been impacted by the unprecedented impacts of COVID-19 in some way or the other. People and businesses who bought houses can expect delays in possession while those who wish to sell some ...
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