TIMES - Tuesday, June 23, 2020

Page 1

‘WE’RE IN SELFISOLATION’

AWARD-WINNING VOICE OF THE COMMUNITY – NZCNA

Gym owner confirms she and her family are in self-isolation and that all gym facilities remain suspended. Story page 3.

Est. 1972

Have your own plans? your09 own plans? Bring them to us.Have Tuesday, June 23, 2020 General 271 8000  Classified 09 271 8055  Delivery Enquiries 09 271 8000  Website www.times.co.nz Building a home but prefer to have your Bring them to us. plan drawn independently? Bring them to but prefer to have your Building a home us and we will price them forplan you.drawn independently? Bring them to *Conditions apply

us and we will price them for you. *Conditions apply

New Display Home open. Or if it's inspiration you are after come on 146 Eighth View Avenue, it's inspiration you are after come on over to Jennian Homes CBDOr& ifEast over to Jennian brand new Display Home to Homes CBD & East Beachlands Auckland’s Auckland’s brand new Display Home to see what this exceptional home has to

Buying or Selling Houses?

Looking for a fresh local alternative?

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Christopher Luxon

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Vol 49, No 19

P: 0800 628 268 E: botany.electorate@national.org.nz FB: @christopherluxon Authorised by C. Luxon, 107 Great South Rd, Auckland

REAL ESTATE

Sales off the boil By FARIDA MASTER

H

COMMUNITY

A church is born Auckland’s auxiliary bishop Michael Gielen blesses the holy objects at St Luke’s Church being built on Chapel Rd. Full story p4.

ow hard has the real estate market been hit post-Covid-19? That’s the question that a lot of potential buyers and sellers are asking, especially during these economically challenging times when people have lost their jobs or had to take pay cuts. With house prices showing a trend of shooting through the roof pre-pandemic, is it downhill from here? The number of properties sold in May across New Zealand decreased by 46.6 per cent from the same time last year – from 7477 to 3990 – as Alert Level 3 restrictions on the real estate market still made it difficult for property sales to occur, according to the latest data from the Real Estate Institute of New Zealand (REINZ). Yet there was a strong uplift from sales activity from April to May, with the number of properties selling nearly trebling during Alert Level 4 – from 1371 to 3990 – a 191 per cent increase. For New Zealand, excluding Auckland, the number of properties sold decreased by 47.4 per cent when compared to the same time last year (from 5464 to 2873). In Auckland, the number of properties sold in May decreased by 44.5 per cent year-on-year (from 2013 to 1117). ➤➤ Turn to page 3

Times photo Wayne Martin

Christopher

Luxon

MEMBER OF PARLIAMENT FOR BOTANY

Your National Candidate

Contact me anytime

for Botany P FB WC E W

309 Botany Road, Botany PO Box 230 109, Botany 2163 Phone (09) 271 3255 Mobile 02 BOTANY MP - 022 682 6967 Email BotanyMP@parliament.govt.nz

0800 628 268 @Christopherluxon Luxon4Botany christopher.luxon@national.org.nz christopherluxon.national.org.nz

Authorised by C Luxon 107 Gt South Road, Greenlane, Auckland

KC14838

Funded by the Parliamentary Service and authorised by Jami-Lee Ross MP, 309 Botany Road, Botany, Auckland.

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