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New Zealand society as a whole continues to dream the dream of owner-occupied home-ownership despite changing economic and environmental conditions. The local real-estate sector promotes myths of moving onto (and up) the property ladder [9] accordingly, and New Zealand politicians foster the idea of a stable democracy rooted in property-ownership.
Here are some million-dollar homes for sale in Moore County. 131 Vanore Road in West End — $1.3 million, four bedrooms, three bathrooms and 3,685 square feet. According to its Zillow listing ...
By 2013 foreign ownership in New Zealand had increased dramatically from $9.7 billion in 1989 to $101.4 billion – an increase of over 1,000%. [2] Between 1989 and 2007, foreign ownership of the New Zealand sharemarket went from 19% to 41% but has since dropped back to 33%.
The share of U.S. homes worth at least $1 million has dropped to 7% from the previous peak of 8.6%, according to Redfin’s housing value index published this week.
When records began in 1974, new homes in New Zealand had an average floor area of 120 m 2 (1,290 sq ft). Average new home sizes rose to peak at 200 m 2 (2,150 sq ft) in 2010, before falling to 158 m 2 (1,700 sq ft) in 2019. [17] In 1966 the New Zealand Encyclopedia recognised seven basic designs of New Zealand houses. [18]
Key findings. Million-dollar homes are relatively uncommon in most of the country. An average of only 4.71% of the owner-occupied homes in the nation’s 50 largest metros are valued at $1 million ...
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