{"id":26553,"date":"2020-08-05T08:47:52","date_gmt":"2020-08-04T20:47:52","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=26553"},"modified":"2024-03-01T20:50:11","modified_gmt":"2024-03-01T07:50:11","slug":"property-market-slowdown-expected-to-continue-as-wage-subsidy-mortgage-relief-packages-end-new-zealand","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/property-market-slowdown-expected-to-continue-as-wage-subsidy-mortgage-relief-packages-end-new-zealand\/","title":{"rendered":"Property market slowdown expected to continue as wage subsidy, mortgage relief packages end | NEW ZEALAND"},"content":{"rendered":"<p><strong>PHOTO: NZ&#8217;s housing market<\/strong><\/p>\n<p>New Zealand&#8217;s housing market resurgence appears to be slowing down, according to the latest QV House Price Index.<\/p>\n<style>\n       .errordiv { padding:10px; margin:10px; border: 1px solid #555555;color: #000000;background-color: #f8f8f8; width:500px; }#advanced_iframe {visibility:visible;opacity:1;vertical-align:top;}.ai-info-bottom-iframe { position: fixed; z-index: 10000; bottom:0; left: 0; margin: 0px; text-align: center; width: 100%; background-color: #ff9999; padding-left: 5px;padding-bottom: 5px; border-top: 1px solid #aaa } a.ai-bold {font-weight: bold;}#ai-layer-div-advanced_iframe p {height:100%;margin:0;padding:0}<\/style><script type=\"text\/javascript\">var ai_iframe_width_advanced_iframe = 0;var ai_iframe_height_advanced_iframe = 0;var aiOnloadScrollTop=\"true\";var aiShowDebug=false;\n\t\tif (typeof aiReadyCallbacks === 'undefined') {\n\t\t\tvar aiReadyCallbacks = [];\n\t\t} else if (!(aiReadyCallbacks instanceof Array)) {\n\t\t\tvar aiReadyCallbacks = [];\n\t\t}    function aiShowIframeId(id_iframe) { jQuery(\"#\"+id_iframe).css(\"visibility\", \"visible\");    }    function aiResizeIframeHeight(height) { aiResizeIframeHeight(height,advanced_iframe); }    function aiResizeIframeHeightId(height,width,id) {aiResizeIframeHeightById(id,height);}<\/script><iframe id=\"advanced_iframe\"  name=\"advanced_iframe\"  data-src=\"\/\/players.brightcove.net\/963482464001\/02nYKqve4_default\/index.html?videoId=6178117511001\"  width=\"100%\"  height=\"600\"  frameborder=\"0\"  border=\"0\"  allowtransparency=\"true\"   style=\";border-width: 0px;;border: none;;width:100%;;height:600px;\"  src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"0\"><\/iframe><script type=\"text\/javascript\">var ifrm_advanced_iframe = document.getElementById(\"advanced_iframe\");var hiddenTabsDoneadvanced_iframe = false;\nfunction resizeCallbackadvanced_iframe() {}<\/script><script type=\"text\/javascript\"><\/script><p style=\"display:block !important; visibility:visible !important;margin: -18px 14px 0 0;padding-left: 3px;padding-top:3px;background: white; overflow: hidden; position: relative; line-height:15px;width: fit-content;\"><small style=\"display:block !important;visibility:visible !important\">powered by Advanced iFrame<\/small><\/p>\n<div class=\"storyPage\">\n<p>With the Government&#8217;s wage subsidy and bank mortgage relief packages ending soon, the property market could still be in for some hard times ahead.<\/p>\n<\/div>\n<div class=\"storyPage\">\n<p>Auckland, Queenstown and Dunedin house values have fallen over the past three months, with Queenstown Lakes District seeing the biggest drop of 4.2 per cent.<\/p>\n<\/div>\n<div class=\"storyPage\">\n<p>QV data saw the average house value nationally increased just 0.4 per cent over the past three months &#8211; down from 1.3 per cent in June, with the average value now sitting at just over $739,000.<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/www.propertynoise.co.nz\/nz-property-market-mark-richardson-says-it-took-one-growing-nightmare-tenant-to-stop-him-being-a-landlord\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-hoot-medium-thumb entry-content-featured-img entry-grid-featured-img wp-post-image jetpack-lazy-image jetpack-lazy-image--handled\" src=\"https:\/\/i1.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/08\/Mark-Richardson-The-AM-Show.jpg?resize=460%2C270&amp;ssl=1\" sizes=\"(max-width: 460px) 100vw, 460px\" srcset=\"https:\/\/i1.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/08\/Mark-Richardson-The-AM-Show.jpg?resize=460%2C270&amp;ssl=1 460w, https:\/\/i1.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/08\/Mark-Richardson-The-AM-Show.jpg?zoom=2&amp;resize=460%2C270&amp;ssl=1 920w\" alt=\"Mark Richardson\" width=\"460\" height=\"270\" data-attachment-id=\"73955\" data-permalink=\"https:\/\/www.propertynoise.co.nz\/nz-property-market-mark-richardson-says-it-took-one-growing-nightmare-tenant-to-stop-him-being-a-landlord\/mark-richardson-the-am-show\/\" data-orig-file=\"https:\/\/i1.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/08\/Mark-Richardson-The-AM-Show.jpg?fit=1120%2C640&amp;ssl=1\" data-orig-size=\"1120,640\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Mark Richardson \u2013 The AM Show\" data-image-description=\"\" data-medium-file=\"https:\/\/i1.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/08\/Mark-Richardson-The-AM-Show.jpg?fit=300%2C171&amp;ssl=1\" data-large-file=\"https:\/\/i1.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/08\/Mark-Richardson-The-AM-Show.jpg?fit=1024%2C585&amp;ssl=1\" data-lazy-loaded=\"1\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/www.propertynoise.co.nz\/nz-property-market-mark-richardson-says-it-took-one-growing-nightmare-tenant-to-stop-him-being-a-landlord\/\" rel=\"bookmark\">NZ property market: Mark Richardson says it took one \u2018growing nightmare\u2019 tenant to stop him being a landlord<\/a><\/h2>\n<\/header>\n<\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div class=\"storyPage\">\n<p>The average value in the Auckland Region sits at $1,077,000, which is down 0.2 per cent over the last quarter, with annual growth at 5.1 per cent, down slightly from June&#8217;s year-on-year growth of 5.4 per cent.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.tvnz.co.nz\/one-news\/new-zealand\/property-market-slowdown-expected-continue-wage-subsidy-mortgage-relief-packages-end\">TVNZ<\/a><\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR IN NEW ZEALAND<\/span><\/h3>\n<ul class=\"widgets-list-layout no-grav\">\n<li><a class=\"bump-view\" title=\"NZ property market: Mark Richardson says it took one 'growing nightmare' tenant to stop him being a landlord\" href=\"https:\/\/www.propertynoise.co.nz\/nz-property-market-mark-richardson-says-it-took-one-growing-nightmare-tenant-to-stop-him-being-a-landlord\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i1.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/08\/Mark-Richardson-The-AM-Show.jpg?fit=1120%2C640&amp;ssl=1&amp;resize=40%2C40\" alt=\"NZ property market: Mark Richardson says it took one 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for subdivision<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"Here's why this recession is different | Tony Alexander\" href=\"https:\/\/www.propertynoise.co.nz\/heres-why-this-recession-is-different-tony-alexander\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/08\/spending.jpg?fit=1200%2C675&amp;ssl=1&amp;resize=40%2C40\" alt=\"Here's why this recession is different | Tony Alexander\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Here's why this recession is different | Tony Alexander\" href=\"https:\/\/www.propertynoise.co.nz\/heres-why-this-recession-is-different-tony-alexander\/\" data-bump-view=\"tp\">Here&#8217;s why this recession is different | Tony Alexander<\/a><\/div>\n<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: NZ&#8217;s housing market New Zealand&#8217;s housing market resurgence appears<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/property-market-slowdown-expected-to-continue-as-wage-subsidy-mortgage-relief-packages-end-new-zealand\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":26554,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098519,478098535,478098861,478106988,478110514,478107712,478110671,478098513,478098579,478098510,478098514,478108351,478110672,478098511,478098705,478098533,478098509],"class_list":["entry","author-data123nz","post-26553","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-home-ownership","tag-house-prices","tag-new-zealand","tag-nz-property","tag-nz-property-prices","tag-nz-real-estate","tag-nzs-housing-market","tag-property","tag-property-market","tag-property-news","tag-propertynoise","tag-qv-house-price-index","tag-qv-property","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property market slowdown expected to continue as wage subsidy, mortgage relief packages end | NEW ZEALAND - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/property-market-slowdown-expected-to-continue-as-wage-subsidy-mortgage-relief-packages-end-new-zealand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Property market slowdown expected to continue as wage subsidy, mortgage relief packages end | NEW ZEALAND - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: NZ&#8217;s housing market New Zealand&#8217;s housing market resurgence appearsRead More &rarr;\" \/>\n<meta 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