Welcome to the February 2024 issue of Regional Property Insights, prepared by Tony Alexander with the support of First Mortgage Trust.

In this month’s Regional Property Insights Tony looks at developments in the number of properties listed for sale in the regions.

Nationwide, listings in mid-2021 fell below 14,000 and were 73% down on levels ten years earlier.  Then, come the end of 2022, listings reached 28,000 before falling below 25,000 mid-2023 and now sitting back just above 27,000.

As with all the material presented in RPI, Tony’s aim is to provide information which can be collected up over time and used as input into one’s property purchase and divestment decisions.

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Report by Tony Alexander  - tonyalexander.nz

This publication has been provided for general information only. Although every effort has been made to ensure this publication is accurate, the contents should not be relied upon or used as a basis for entering into any products described in this publication. The material in this report is obtained from various sources (including third parties) - neither First Mortgage Trust nor Tony Alexander warrant the accuracy, reliability or completeness of the information provided in this report, nor do they accept liability for any omissions, inaccuracies or losses incurred, either directly or indirectly, by any person arising from or in connection with the supply, use or misuse of the whole or any part of this report. Any and all third party data or analysis in this report does not necessarily represent the views of First Mortgage Trust or Tony Alexander. To the extent that any information or recommendations in this publication constitute financial advice, they do not take into account any person’s particular financial situation or goals. We strongly recommend readers seek independent legal/financial advice prior to acting in relation to any of the matters discussed in this publication. No person involved in this publication accepts any liability for any loss or damage whatsoever which may directly or indirectly result from any advice, opinion, information, representation or omission, whether negligent or otherwise, contained in this publication.