Wellington Housing Accord Monitoring Report 4
|
|
- Bernard Ezra Franklin
- 6 years ago
- Views:
Transcription
1 Wellington Housing Accord Monitoring Report 4 July 215 to June 216 Based on: building consent data to month ended June 216 new section data to month ended June 216
2 Executive Summary This monitoring report spans the second year of the Wellington Housing Accord (1 July June 216), agreed between the Wellington City Council and Government on 24 June 214. The Housing Accord is a tool used to facilitate residential development in the city and sets targets for the consenting of new sections and dwellings in Wellington over five years. It also complements a range of other Council initiatives that seek to grow the Wellington economy through targeted investment in infrastructure, facilities and place making that will spur corresponding private sector investment in the residential and business sectors. This report builds on the third monitoring report that was limited to the period of 1 July 215 to 31 December 215. It reports on building consents granted for new dwellings, resource consents issued for new residential lots created and special housing areas established, for the second year of the Housing Accord. Consenting Numbers For the second year of the Housing Accord (1 July June 216), 612 new dwellings have been granted building consents and 21 new sections approved by resource consent for an adjusted total of 788 across the city. This is 712 less than the second year target of 15 dwellings and sections. The monitoring report prepared for the first six months of the second year of the Housing Accord (July 215 December 215) reported that 355 new dwellings and 74 new sections were consented, for an adjusted total of 43. Based on the monthly average and on the applications that were being processed by the Council at the time, a projection for a final year total of 84 was made. That projection for the full year has not been met on the back of some applications for consent not being lodged as quickly as anticipated. Highlighting the impact of timing in the consent process, in the week after the cut-off date for the second year one consent was granted for 131 new sections. Had this been finalised the week prior, the projected total would have been exceeded. This consent will now be reflected in the next monitoring report. The number of pre-application meetings for proposals within special housing areas (SHAs) has increased. These proposals would total approximately 135 additional lots or dwellings once applied for. In addition to these Housing Accord and Special Housing Area (HASHA) Act applications, there are also proposals which would total approximately 55 lots or dwellings either lodged or in the preapplication stage under the Resource Management Act. Special Housing Areas (SHAs) During the second year of the Housing Accord, four SHAs were established and an existing SHA was extended. This brings the total number of SHAs in Wellington to 25, with capacity for approximately 27 sections and dwellings, following their nomination by the Council in August 214, April 215, October 215 and May 216. For the second year of the Housing Accord, 197 new dwellings have been granted building consents and 113 new sections approved by resource consents within SHAs for an adjusted total of 293 new dwellings or sections. 1
3 Of the 788 consented dwellings and sections over the second year of the Housing Accord, an adjusted total of 37 percent are located within SHAs reflecting the status of some of these areas as existing growth areas. This compares to 2.5 percent of consents granted over the first year of the Accord. Land capacity for residential development Wellington City has capacity for significant residential growth across greenfield development (2+ years), infill development within existing residential areas (3+ years) and for central city apartment development (4+ years). The city is therefore well placed to meet expected growth over the next 2+ years. A Memorandum of Understanding (MOU) between Wellington City Council and Greater Wellington Regional Council (GWRC) has been agreed. This MOU has protocols in place to ensure efficient processing of resource consent applications for Qualifying Developments within SHAs that span the jurisdictions of both Councils. 2
4 Housing Accord Implementation Since the Housing Accord was agreed by the Council and the Minister for Building and Housing, 25 SHAs have been created. The first tranche of SHAs established in August 214 focused on existing growth areas identified in the city. A range of other sites in the second, third and fourth tranches provide a further range of development opportunities, including: Two greenfield SHAs in the Lower Stebbings and Lincolnshire-Woodridge areas. Two central city areas for apartment development within the height limitation prescribed by the HASHA Act (6 storeys or 27m). Three medium-density areas in Johnsonville, Kilbirnie and Adelaide Road. The imminent redevelopment of the Arlington Apartments complex. Shelly Bay as an area of redevelopment opportunity. Three Housing New Zealand properties that are to be comprehensively redeveloped. A number of smaller opportunity sites around the city. Council initiatives supporting residential development To support the implementation of the Housing Accord, the Council has a range of incentives to encourage development: To remit rates on greenfield development for newly created lots. This initiative seeks to increase the amount of sections being brought to market. A one-stop-shop resource consent process in partnership with GWRC and other relevant parties such as Wellington Water Ltd. This will provide a fully integrated, case-managed process for qualifying development consent applications with immediate and timely advice. Both Wellington City Council and GWRC have waived fees for officers time during pre-application meetings. Continued Council investment in key infrastructure and place-making improvements. Additionally, the Council is advancing a range of transformational projects for the City that aim to stimulate the economy and consequently boost residential growth: The 8 Big Ideas programme, including an extension to the airport runway, creation of a Tech Precinct, development of a film museum, convention centre and indoor concert venue, and creating a framework for the ongoing development of Miramar. Investment in urban regeneration projects, including the recently completed Victoria Street transformation initiative. This will catalyse apartment development, and will spur additional private sector investment such as the ongoing development of a new Whitirea/WelTec campus. Planning for further development opportunities in east Te Aro, Kent and Cambridge Terraces and development across the CBD. Rejuvenation and redevelopment of the CBD civic area. The construction of the Petone-Grenada link road that will open up a large area of land for future growth. 3
5 More recently, the Council has agreed to establish an Urban Development Agency. This would enable the Council to take a more active role in the property market by facilitating urban development and ensuring it fits within the Council s wider vision set out in the Wellington Urban Growth Plan. It is envisaged that this will be in place for the 217/18 financial year. These initiatives seek to boost the economic performance of the city as a whole. Residential development often lags as an indicator of economic performance so we expect to see a general uplift in residential development on the back of these economic initiatives. 4
6 Targets The Wellington Housing Accord targets are based on the number of new dwellings and sections consented in Wellington each year, adjusted to reflect overlaps between new dwellings and sections. Wellington Housing Accord Paragraph 16, Wellington Housing Accord Year Targets Total number of dwellings and sections consented Actual number of dwellings and sections consented to date (adjusted total) Year 1 (July 214 June 215) Year 2 (July 215 June 216) Year 3 (July 216 June 217) 15 - Year 4 (July 217 June 218) 15 - Year 5 (July 218 June 219) 15 - Dwellings Dwellings are measured at the point of building consent (source: Wellington City Council). Sections Sections are measured at the point of resource consent (source: Wellington City Council). 5
7 Overview After the second year of the Accord, the adjusted number of new sections and dwellings consented (788) is 712 less than the Year 2 target of 15 new dwellings or sections. To highlight the impact of timing in the consent process in the week after the cut-off date for the second year, one consent was granted for 131 new sections. Had this been finalised the week prior, the projected total reported in the previous report would have been exceeded. This consent will now be reflected in the next monitoring report. Adjusted number of new dwellings consented and sections created Wellington; July 215 June 216; adjusted for dwelling/section combinations (see next page) Adjusted number of dwellings and sections consented Housing Accord Targets / / /217 6
8 Adjusted total in Year 2 The number of new dwellings consented and the number of new sections created must each be adjusted for the 25 occasions they overlap. Adjusted number of new dwellings and sections created* Wellington; July 215 June 216; adjusted for dwelling/section combinations; Wellington City Council (dwellings and sections) Overlap 25 Sections Sections with dwellings Dwellings Total new dwellings consented Total new sections consented Adjusted number of new dwellings and sections consented * As illustrated in the graph above, the adjusted total adjusts for any overlap that occurs between new sections created and the dwellings that are consented on those sections (i.e. it avoids double-counting). Where a newly created section has a dwelling consented on it, the section and dwelling are counted as one. If more than one dwelling is consented on the section, then the additional dwellings are also counted. In the second year of the Housing Accord, this overlap is minimal, but will become more pronounced in subsequent years as more new sections are converted into dwellings, or as subdivisions occur around previously established dwellings. 7
9 New dwellings and sections In the second year of the Accord, 612 new dwellings were consented and 21 new sections were granted resource consent. Both building and subdivision consent rates show variability on a monthly basis. The number of subdivisions consented on a monthly basis ranges from 3 to 59 with an average of 17 and the number of dwellings ranges from 18 to 148 with an average of 51. Number of new dwellings consented and sections created Wellington; cumulative totals to end of June 216; adjusted for the overlap; Wellington City Council 16 Dwellings consented to date Overlap Sections consented to date Target /215 - Full Year 215/216 - Full Year 216/217 8
10 Consented dwellings monthly The average number of dwellings consented on a monthly basis are steady over the period of the Housing Accord and since the Global Financial Crisis. The average number of dwellings consented per month in the first year is 52 and in the second year is 51. Number of new dwellings that received building consent Wellington; monthly total; Statistics New Zealand and Wellington City Council Year 1 Year 2 Jun-16 May-16 Apr-16 Mar-16 Feb-16 Jan-16 Dec-15 Nov-15 Oct-15 Sep-15 Aug-15 Jul-15 Jun-15 May-15 Apr-15 Mar-15 Feb-15 Jan-15 Dec-14 Nov-14 Oct-14 Sep-14 Aug-14 Jul Apr-16 Nov-15 Jun-15 Jan-15 Aug-14 Mar-14 Oct-13 May-13 Dec-12 Jul-12 Feb-12 Sep-11 Apr-11 Nov-1 Jun-1 Jan-1 Aug-9 Mar-9 Oct-8 May-8 Dec-7 Jul-7 Feb-7 Sep-6 Apr-6 Nov-5 Jun-5 Jan-5 Aug-4 Mar-4 Oct-3 May-3 Dec-2 Jul-2 Feb-2 Sep-1 Apr-1 Nov- Jun- Jan- 9
11 Consented apartments monthly In line with the long-term trend, the consenting of apartments remains highly variable on a monthly basis, and the overall number of consented apartments remains low. An increase in pre-application processes highlights plans for further supply and there is an ongoing construction programme, for instance in Victoria Street. Number of new apartment dwellings that received building consent Wellington; monthly total; Statistics New Zealand and Wellington City Council Year 1 Year 2 Jun-16 May-16 Apr-16 Mar-16 Feb-16 Jan-16 Dec-15 Nov-15 Oct-15 Sep-15 Aug-15 Jul-15 Jun-15 May-15 Apr-15 Mar-15 Feb-15 Jan-15 Dec-14 Nov-14 Oct-14 Sep-14 Aug-14 Jul Jan- Jul- Jan-1 Jul-1 Jan-2 Jul-2 Jan-3 Jul-3 Jan-4 Jul-4 Jan-5 Jul-5 Jan-6 Jul-6 Jan-7 Jul-7 Jan-8 Jul-8 Jan-9 Jul-9 Jan-1 Jul-1 Jan-11 Jul-11 Jan-12 Jul-12 Jan-13 Jul-13 Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 1
12 Location of new residential building consents: July 215 June building consents for new dwellings were issued within SHAs in the second year of the Accord. There is no clear pattern to the distribution of building consent activity. However, there is some clustering in the Lower Stebbings and the Lincolnshire Farm Woodridge areas. 11
13 New sections monthly Subdivision consent rates show continued variability and the average number of consents granted for new sections has decreased from an average of 21 sections consented each month in the first year to an average of 17 in the second year of the Accord. Number of new residential sections granted resource consent Wellington; monthly from July 214; Wellington City Council Year Year Jun-16 May-16 Apr-16 Mar-16 Feb-16 Jan-16 Dec-15 Nov-15 Oct-15 Sep-15 Aug-15 Jul-15 Jun-15 May-15 Apr-15 Mar-15 Feb-15 Jan-15 Dec-14 Nov-14 Oct-14 Sep-14 Aug-14 Jul-14 12
14 Location of new residential sections consented: July 215 June 216 The number of sections approved by resource consents within SHAs is 113. There is no clear pattern to the distribution of subdivision consent activity. However, it is clear that the majority of new sections are being consented in the Northern growth areas of the city. 13
15 Special housing areas potential supply The 25 approved SHAs have the capacity to supply approximately 27 dwellings and sections over the five years of the Housing Accord targets. From the beginning of the Housing Accord, 465 dwellings and new sections have been consented in SHAs, with 172 granted in the first year and 293 in the second year. This number is increasing as expected and reflects the lag in time from the creation of a SHA, to applications for resource consent and building consent being lodged. Estimated supply of dwellings and sections from within Special Housing Areas Wellington; July 214 June 219; Wellington City Council Estimated Supply (Tranches 1, 2, 3, and 4) Actual dwellings and sections consented / / / / /219 14
16 Special housing areas - Year 2 Adjusted Total The number of new dwellings consented (197) and the number of new sections consented (113) within SHAs must each be adjusted for the 17 occasions they overlap. After the second year of the Housing Accord an adjusted total of 293 dwellings and new sections were approved within SHAs. Adjusted number of new dwellings and sections created within SHAs Wellington; July 215 June 216; adjusted for dwelling/section combinations; Wellington City Council (dwellings and sections) Sections Overlap 17 Sections with dwellings Dwellings Total new dwellings consented Total new sections consented Adjusted number of new dwellings and sections consented * As illustrated in the graph above, the adjusted total adjusts for any overlap that occurs between new sections created and the dwellings that are consented on those sections within SHAs (i.e. it avoids double-counting). Where a newly created section has a dwelling consented on it, the section and dwelling are counted as one. If more than one dwelling is consented on the section, then the additional dwellings are also counted. In the second year of the Housing Accord, this overlap is minimal, but will become more pronounced in subsequent years as more new sections are converted into dwellings, or as subdivisions occur around previously established dwellings. 15
17 Special housing areas- new dwellings and sections The below table shows the number of new dwellings that have been granted building consent, the number of new sections granted resource consent and the SHAs with consents in the pre-application stage. Out of the 25 SHAs, 1 have had either new dwellings or new sections approved within them from 1 July 214 to 3 June 216. Number of new dwellings granted building consent and new sections granted resource consent within SHAs. Wellington; July 214 June 216; Wellington City Council; Unadjusted for overlap. Special Housing Area New Dwellings (July 214 June 215) 16 New Dwellings (July 215 June 216) New Sections (July 214 June 215) New Sections (July 215 June 216) Pre Applications? Tranche 1 Arlington Stebbings Valley (North of Churton Park) Lincolnshire Farm Woodridge Johnsonville MDRA Te Aro (Central Area South & South) Adelaide Road 26 2 Kilbernie MDRA 5 2 Thorndon (Central Area North) Tranche Adelaide Road, Newtown 59 Spenmoor Street, Newlands Mansfield Street and Princess Street, Newtown Ohariu Valley Rd, 224 Westchester Drive and 34 Winsley Terrace Helston Road, Paparangi Britomart Street, Berhampore 175 Owen Street, Newtown McLean Flats, 32A The Terrace Erskine College, Island Bay Reedy Land, 28 Westchester Drive, Glenside 98 Westchester Drive, Churton Park 3 White Pine Avenue, Woodridge Tranche 3 Shelly Bay expanded area 1 Surrey Street, Tawa 2 Glanmire Road, Newlands Mein Street, Newtown Tranche 4 Abbott Street, Ngaio Total In the second year of the Accord the number of pre-applications for proposals which would result in new dwellings or new vacant lots within SHAs has increased for a total of approximately 11 new dwellings and approximately 25 vacant lots. However, not all of these will progress to the next stage and be granted consent. Therefore, these numbers should be taken as an indication for what could be expected in future years of the Accord only.
18 Potential supply city wide Across the entire city, there is significant capacity for residential development of various typologies. Based on historical rates of development, Council has undertaken a land capacity study to inform future planning initiatives. The Housing Accord provides an opportunity to accelerate the development of some of these key strategic sites. Theoretical development capacity. Wellington City Council Type of residential development Supply Years Capacity Greenfield Residential (Northern Growth Area Mostly) 3,2-5, Infill Development 14,+ 4+ Central City Apartments 9,+ 41+ Conclusion This fourth monitoring report prepared as part of the Wellington Housing Accord shows that residential development in the city is steady but still recovering from the significant slow-down caused by the global financial crisis. 25 special housing areas have been established under the HASHA Act. There are encouraging signs that the residential development sector in the city is positioned for a period of increased activity. For example, the increase in the number of new dwellings and sections in the pre-application stage shows an increasing uptake of these development opportunities. These suggest that future monitoring reports will reflect an increase in consenting activity. 17
Auckland Housing Accord FinalReport for Second Accord Year
Auckland Housing Accord FinalReport for Second Accord Year October 2014 to September 2015 Based on: City-wide building consent data to month ended 30 September 2015 City-wide new sections data to month
More informationAuckland Housing Accord Second Report for Accord Year 2
Auckland Housing Accord Second Report for Accord Year 2 October 2014 to March 2015 Based on: building consent data to month ended 31 March 2015 new sections data to month ended 31 March 2015 Housing Project
More informationChristchurch Housing Accord Monitoring Report. For quarter ending June 2015
Christchurch Housing Accord Monitoring Report For quarter ending June 2015 Executive Summary This report provides an overview of the Christchurch housing market and an update on priority Accord actions.
More informationAuckland Housing Accord Third Quarterly Report for the Fourth Accord Year 1 April to 30 June 2017
Auckland Housing Accord Third Quarterly Report for the Fourth Accord Year 1 April to 30 June 2017 Based on data to 30 June 2017 for: City-wide building consents and completions (Auckland Council and Statistics
More informationMonthly Indicators + 7.3% + 6.6% + 8.3% Single-Family Market Overview Condo Market Overview New Listings Pending Sales.
Monthly Indicators 2018 The three most prominent national market trends for residential real estate are the ongoing lack of abundant inventory, the steadily upward movement of home prices and year-over-year
More informationRegulatory Impact Statement
Regulatory Impact Statement Establishing one new special housing area in Queenstown under the Housing Accords and Special Housing Areas Act 2013. Agency Disclosure Statement 1 This Regulatory Impact Statement
More informationUDIA WA PROPERTY MARKET STATISTICS
UDIA WA PROPERTY MARKET STATISTICS MAY 218 1 IN THIS ISSUE KEY TRENDS INDUSTRY UPDATE 3 4 ECONOMY RESIDENTIAL LAND DEVELOPMENT RESIDENTIAL PROPERTY SETTLEMENTS RESIDENTIAL PROPERTY MARKET RESIDENTIAL CONSTRUCTION
More informationMonthly Indicators % % - 3.5%
Monthly Indicators 2017 New Listings were up 6.3 percent for the category but decreased 33.1 percent for the category. Pending Sales increased 5.0 percent for but decreased 1.3 percent for. The Median
More informationMay 2008 MLS Month in Review
May 28 MLS Month in Review The Albuquerque Market continues to improve, and it s evident that finally, the negative media is turning into positive media. This month s TOP Selling Price Range is $2K to
More informationInformation sheet A Data
House prices: Statistics activity House prices change over time, but do so at different rates in different places. In this activity you will use statistical diagrams and measures to compare house prices
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics November 2018
California Housing Market Update Monthly Sales and Price Statistics November 2018 Home Sales: Largest Decline Since 2014 California, November 2018 Sales: 381,400 Units, -4.6% YTD, -13.4% YTY 700,000 600,000
More informationMonthly Indicators + 4.8% - 3.5% %
Monthly Indicators 2015 New Listings were up 45.0 percent for single family/duplex homes but decreased 44.1 percent for townhouse-condo properties. Pending Sales increased 14.3 percent for single family/duplex
More informationMLS of Greater Cincinnati - Charts for the Month: November 2017
MLS of Greater Cincinnati - Charts for the Month: November 2017 The following charts provide an overview of what has occurred in the MLS over the past month. Each chart provides a historical trend. The
More informationRATES REMISSION POLICY
RATES REMISSION POLICY 1. INTRODUCTION In accordance with Section 85 of the Local Government (Rating) Act, 2002: i. A local authority may remit all or part of the rates on a rating unit (including penalties
More informationPlanning applications 3 Year Income vs Number of Applications
APPENDIX 13 FEES AND CHARGES REPORT PLANNING SERVICES 1. Service description The Planning service has a number of Fees and s namely: Planning Application Fees Statutory set fees by Central Government and
More informationSFR Condo Residential Lot Sales Inventory Sales Inventory Sales Inventory. Month YTD Month Month YTD Month Month YTD Month
Grand Strand Market Report 2017 capped off a great year for the Grand Strand as full year SFR sales volume and median sales price were up 9.8% and 4.3%, respectively. Condo sales activity increased 3.0%
More informationHousing Conservation District Advisory Group
Housing Conservation District Advisory Group Inaugural Meeting January 31, 2018 Welcome and Thank You! Purpose of the HCDAG: Help County staff assess and refine proposed Housing Conservation District incentives.
More informationMonthly Indicators % % %
Monthly Indicators 2016 Percent changes calculated using year-over-year comparisons. New Listings were down 27.6 percent for single family homes and 41.8 percent for townhouse-condo properties. Pending
More informationMonthly Indicators % + 9.7% %
Monthly Indicators 2016 Percent changes calculated using year-over-year comparisons. New Listings were up 11.1 percent for single family homes and down 30.8 percent for townhouse-condo properties. Pending
More informationMonthly Indicators % % %
Monthly Indicators 2018 Percent changes calculated using year-over-year comparisons. New Listings were down 12.9 percent for single family homes and 21.3 percent for townhouse-condo properties. Pending
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics December 2018
California Housing Market Update Monthly Sales and Price Statistics December 2018 Sales Reached the Lowest Level since Jan 2015 California, December 2018 Sales: 372,260 Units, -5.2% YTD, -11.6% YTY 700,000
More informationUSING LAND FOR HOUSING
WELLINGTON CITY COUNCIL S SUBMISSION FOR THE PRODUCTIVITY COMMISSION ISSUES PAPER: USING LAND FOR HOUSING December 2014 Contents Executive summary... 1 1. Introduction... 4 1.1 Structure of submission...
More informationProperty. Mashreq. Economic Overview. Wealth Gauge.
Economic Overview United Arab Emirates has continued to benefit from surging confidence, safeheaven status, rising population and stable world class real estate market opportunities. The macroeconomic
More informationPuerto Rico Housing Finance Authority Housing Stimulus Programs
Puerto Rico Housing Finance Authority Housing Stimulus Programs March 31, 2012 (Final with US Data) Total sales assisted by PRHFA stimulus from $240MM Fund Assignment As of March 31, 2012 Silent Second
More informationPlanning & Strategy 10 May Report for Agenda Item 1
Planning & Strategy 10 May 2018 Department: Planning & Development Report for Agenda Item 1 Housing & Business Development Capacity Assessments Purpose The purpose of this report is to receive the results
More informationMonthly Indicators % % - 9.2%
Monthly Indicators 2016 New Listings were down 1.4 percent for single family/duplex homes and 25.0 percent for townhouse-condo properties. Pending Sales increased 58.3 percent for single family/duplex
More informationBulletin Issue 41 Nov 2017 Housing Market Overview
STOCKPORT HOUSING STRATEGY Housing Market Quarterly 1 Bulletin Issue 41 Nov 2017 Housing Market Overview UK House prices grew by 5.0% in the year to October 2017. In terms of housing demand the Royal Institution
More informationEngland Occupancy Survey May 2017 SUMMARY OF RESULTS
England Occupancy Survey 2017 SUMMARY OF RESULTS Room occupancy in 2017 increased +1% to 73%. Bedspace occupancy also increased +1% to 54%. Weekday room occupancy remained stable at 72% whilst weekend
More informationUDIA WA PROPERTY MARKET STATISTICS
UDIA WA PROPERTY MARKET STATISTICS JUNE 218 1 IN THIS ISSUE KEY TRENDS INDUSTRY UPDATE ECONOMY RESIDENTIAL LAND DEVELOPMENT RESIDENTIAL PROPERTY SETTLEMENTS RESIDENTIAL PROPERTY MARKET RESIDENTIAL CONSTRUCTION
More informationDocument under Separate Cover Refer to LPS State of Housing
Document under Separate Cover Refer to LPS5-17 216 State of Housing Contents Housing in Halton 1 Overview The Housing Continuum Halton s Housing Model 3 216 Income & Housing Costs 216 Indicator of Housing
More informationCompetitive Strategies and Value Innovation. Contents are subject to change. For the latest updates visit
Competitive Strategies and Value Innovation Page 1 of 9 Why Attend This course introduces key concepts, tools, and principles of strategic management allowing managers to create their organization's unique
More informationThe Real Estate Market in Southern Tasmania
The Real Estate Market in Southern Tasmania 1995 to 2018 Real Estate by Nigel Heaven Director of Property Marketing & Management Pty Ltd Involved in over 0 property sales in the past 23 years Real Estate
More informationWellington City Redevelopment Projects
Wellington City Redevelopment Projects 145 new social housing units for Wellington City Investing $48.5 million across five sites Housing New Zealand is investing $48.5 million to build 145 new social
More informationMarket Commentary Perth CBD Office
Market Commentary Perth CBD Office November 2016 Executive Summary The vacancy rate at 3Q16 is 24.7%, reflecting a quarterly increase of 0.1 percentage points. Two office projects are under construction
More informationPORTFOLIO COMMITTEE ON HOUSING 13 MAY 2008
DEPARTMENT OF LOCAL GOVERNMENT & HOUSING PORTFOLIO COMMITTEE ON HOUSING 13 MAY 2008 Integrated Sustainable Human Settlement: Progress Report 7/8 and Annual Performance Plans for 2008/2009 Financial Year
More informationUDIA WA PROPERTY MARKET STATISTICS
UDIA WA PROPERTY MARKET STATISTICS APRIL 218 1 IN THIS ISSUE KEY TRENDS INDUSTRY UPDATE ECONOMY RESIDENTIAL LAND DEVELOPMENT RESIDENTIAL PROPERTY SETTLEMENTS RESIDENTIAL PROPERTY MARKET RESIDENTIAL CONSTRUCTION
More informationSouth East Queensland Growth Management Program
South East Queensland Growth Management Program Acknowledgements Office of Economic and Statistical Research, Demography and Planning Australian Bureau of Statistics Urban Land Development Authority Brisbane
More informationSubject. Date: January 12, Chair and Members of Planning and Development Committee 2016/02/01
Originator s files: Date: January 12, 2016 CD 06 AFF To: From: Chair and Members of Planning and Development Committee Edward R. Sajecki, Commissioner of Planning and Building Meeting date: 2016/02/01
More informationThe Effective Analyst: From Research to Execution. Contents are subject to change. For the latest updates visit
The Effective Analyst: From Research to Page 1 of 8 Why Attend Solving problems in the business world is essential to keeping things moving along smoothly. While problems differ in complexity, almost all
More informationHousing Accords and Special Housing Areas (Wellington) Order 2014 (LI 2014/349)
Reprint as at (Wellington) Order 2014 (LI 2014/349) : revoked, on, by clause 4 of the Orders Revocation Order 2017 (LI 2017/240). Jerry Mateparae, Governor-General Order in Council At Wellington this 17th
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics October 2018
California Housing Market Update Monthly Sales and Price Statistics October 2018 Sales Had the 2 nd Largest Drop in the Last 6 Months California, October 2018 Sales: 397,060 Units, -3.7% YTD, -7.9% YTY
More informationCALGARY REGIONAL HOUSING MARKET STATISTICS 12.14
CALGARY REGIONAL HOUSING MARKET STATISTICS 12.14 Yearly records set as monthly sales see slight decline Condominium and townhouse sales set a new record for 214 Calgary, January 2, 215 It was a record
More informationDUNA HOUSE BAROMETER. July month issue THE LATEST PROPERTY MARKET INFO FROM DUNA HOUSE NETWORK
DUNA HOUSE BAROMETER 73. issue July month 2017 THE LATEST PROPERTY MARKET INFO FROM DUNA HOUSE NETWORK www.dh.hu PRIVACY POLICY Statistical information and estimates published in the Duna House Barometer
More informationRUV Registro Único de Vivienda
RUV Registro Único de Vivienda (National Housing Registry) Technology for a Sustainable Housing Policy March 7, 2013 RUV Key Events - Timeline Infonavit announces creation of National Housing Registry
More informationProvided by Keller Williams Realty Professional Partners Statistics from September 2010 MLS
Monthly Market Watch for Maricopa County An overview of what is happening in the Maricopa County real estate market (using September 2010 statistics) Report overview: This report includes MLS data for
More information2017 IN REVIEW THE BLUE MTS. REAL ESTATE MARKET REPORT LOCATIONS ROYAL LEPAGE S 2016 BROKERAGE OF THE YEAR FOR ONTARIO.
THE BLUE MTS. REAL ESTATE MARKET REPORT IN REVIEW WE RE PROUD AND GRATEFUL TO HAVE BEEN CHOSEN AS ROYAL LEPAGE S BROKERAGE OF THE YEAR FOR ONTARIO OVERVIEW RECORD VOLUME SALES, HIGHER PRICES, SHORTER SALE
More informationRESIDENTIAL REVIEW. Better Technology Better Marketing BETTER RESEARCH Better Education Better Support
RESIDENTIAL REVIEW Better Technology Better Marketing BETTER RESEARCH Better Education Better Support TABLE OF CONTENTS 3 Residential Resale Overview 4 Residential Investment Research 5 Better Technology
More informationMETROPOLITAN TRACT PERFORMANCE REPORT For the Quarter Ended March 31, 2008
F-5 METROPOLITAN TRACT PERFORMANCE REPORT For the Quarter Ended March 31, 2008 Finance, Audit & Facilities Committee June 12, 2008 CONSOLIDATED METROPOLITAN TRACT PROPERTIES Quarterly Summary Quarterly
More informationProperty. Mashreq. Economic Overview. Wealth Gauge
Wealth Gauge Volume 23 November 2015 Economic Overview In spite of the dip in Global Oil prices the GDP for 2015 grew at 3.5. The UAE economic growth is expected to slow down and grow at 2.9 in 2016 driven
More informationUDIA WA PROPERTY MARKET STATISTICS
UDIA WA PROPERTY MARKET STATISTICS AUGUST 217 1 What s new in strata? Learn how community title schemes and leasehold strata are changing the strata game. Visit landgate.wa.gov.au/strata-reform Subscribe
More informationRightmove House Price Index
Rightmove House Price Index The largest monthly sample of residential property prices January 2018 National edition Busy start to 2018 with increased home-hunter activity Early traffic data indicates a
More informationDevelopment Area - Sunnynook
Development Area - Sunnynook Sunnynook, including Totara Vale, on the west of State Highway 1, has good access through its station on the Northern Busway. It has significant potential for redevelopment
More informationMonthly Market Watch for Maricopa County An overview of what is happening in the Maricopa County real estate market
Monthly Market Watch for Maricopa County An overview of what is happening in the Maricopa County real estate market Provided by Susan Kraemer of Prudential Arizona Properties Report overview: This report
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics September 2018
California Housing Market Update Monthly Sales and Price Statistics September 2018 Sales Had the Largest Decline since March 2014 California, September 2018 Sales: 382,550 Units, -3.3% YTD, -12.4% YTY
More informationHousing Bulletin Monthly Report
January 21 1 Housing Bulletin Monthly Report Most new homes built in second half of 29 25, 2, 15, 1, 5, Dec 7 Jan 8 Feb 8 mar 8 apr 8 Alberta s 29 housing starts increased 72.8 per cent over 28, suggesting
More informationRambutan Road Report by Justin, HP: Property Summary Sheet Latest Avg PSF: $897 psf (Apr 10)
Unit Pricing Selected Address Property Summary Sheet : 23 Rambutan Road #02-01 (1038sqft) Unit Transacted : $ 774,380 ($ 746 psf) on Apr 1, 1997 Median Price^ based on current listings : $ 1,035,924 ($
More informationJuly 2012 was $162,256. ($153,956). was $314,607. was $172,488. ($164,426). Kansas City Region Average Sales Price - Existing Homes
July 212 Kansas City Regional Real Estate Market Report Average Sales Price The average exis ng home sale price in July 212 was $162,256. 25 Kansas City Region Average Sales Price - Existing Homes July
More informationLeeds City Region Statement of Common Ground. August 2018
Leeds City Region Statement of Common Ground August 2018 1.0 Introduction 1.1 The Leeds City Region partner councils have prepared this Statement of Common Ground in response to the requirement as set
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics August 2018
California Housing Market Update Monthly Sales and Price Statistics August 2018 Sales Declined for the 4 th Consecutive Month California, August 2018 Sales: 399,600 Units, -2.1% YTD, -6.6% YTY 700,000
More informationSeptember 4, Victoria s Real Estate Market Simmers at the End of Summer
PRESIDENT Kyle Kerr PRESIDENT ELECT Cheryl Woolley SECRETARY TREASURER David Langlois PAST PRESIDENT Ara Balabanian DIRECTORS Jackie Adkins Sandi-Jo Ayers Bill Ethier Karen Dinnie-Smyth Andrew Plank EXECUTIVE
More informationScottish Accommodation Occupancy Survey. Annual Report 2016
Scottish Accommodation Occupancy Survey Annual Report 2016 Contents 1. What is the Scottish Accommodation Occupancy Survey? 03 2. Hotels 08 3. Guest Houses and B&Bs 15 4. Self-catering 21 5. Caravan &
More informationECONOMIC CURRENTS. Vol. 3, Issue 1. THE SOUTH FLORIDA ECONOMIC QUARTERLY Introduction
ECONOMIC CURRENTS THE SOUTH FLORIDA ECONOMIC QUARTERLY Introduction Economic Currents provides an overview of the South Florida regional economy. The report contains current employment, economic and real
More information1 June FNB House Price Index - Real and Nominal Growth MAY FNB HOUSE PRICE INDEX FINDINGS
1 June 2016 MARKET ANALYTICS AND SCENARIO FORECASTING UNIT JOHN LOOS: HOUSEHOLD AND PROPERTY SECTOR STRATEGIST 087-328 0151 john.loos@fnb.co.za THEO SWANEPOEL: PROPERTY MARKET ANALYST 087-328 0157 tswanepoel@fnb.co.za
More informationMulti-Family. Acknowledgements. Author. Data Analysis/ Layout. Financial Support. Disclosure. Charles Dalton. Real Data
Multi-Family Acknowledgements Author Charles Dalton Data Analysis/ Layout Real Data Financial Support Disclosure The E. V. Williams Center for Real Estate and Economic Development (CREED) functions and
More informationA Panel Discussion of Developments, Trends and Issues Affecting Commercial Property Iowa Commercial Real Estate Expo
A Panel Discussion of Developments, Trends and Issues Affecting Commercial Property By Bryon Tack, MAI, CAE Polk County Deputy Assessor January 1 : Assessment of property (appraisal date) Historical data
More informationNew challenges for urban renewal... Patrick Fensham Principal SGS Economics and Planning
New challenges for urban renewal... Patrick Fensham Principal SGS Economics and Planning 27 March 2013 Housing supply a problem... The housing shortfall (gap) increased by 28,000 dwellings over the year
More informationChanging Economic Times. Market Pulse. Dr. Gary Jackson Director, Regional Economic Research Institute Florida Gulf Coast University April 8, 2008
Changing Economic Times Presented to: Market Pulse Bonita Springs Area Chamber of Commerce Bonita Springs-Estero Association of REALTORS, Inc. Dr. Gary Jackson Director, Regional Economic Research Institute
More informationUNITED KINGDOM OCCUPANCY SURVEY. Serviced Accommodation Summary Report April the research solution
UNITED KINGDOM OCCUPANCY SURVEY Serviced Accommodation Summary Report April 2017 the research solution OCCUPANCY SURVEY This study has been commissioned by the National Boards of England, Ireland and Scotland
More informationUDIA WA PROPERTY MARKET STATISTICS
UDIA WA PROPERTY MARKET STATISTICS OCTOBER 217 1 IN THIS ISSUE KEY TRENDS INDUSTRY UPDATE 3 4 ECONOMY RESIDENTIAL LAND DEVELOPMENT RESIDENTIAL PROPERTY SETTLEMENTS RESIDENTIAL PROPERTY MARKET RESIDENTIAL
More informationAAug ugust 2017
August 17 17 Housing recovery a balancing act Growth in new listings outpaced sales preventing inventory declines City of Calgary, September 1, 17 Sales posted a modest gain in August, but a rise in new
More informationWhile a project is typically acquired on a specific date
A Presentation of the National Association of Home Builders While a project is typically acquired on a specific date Building rehab (if there are multiple buildings) is typically completed building by
More informationRiverton Properties Ltd Proposed Special Housing Area
Riverton Properties Ltd Proposed Special Housing Area Housing Accords and Special Housing Areas Act 2013 Expression of Interest 1 This Expression of Interest is made on behalf of Riverton Properties Ltd,
More informationReleased: June 7, 2010
Released: June 7, 2010 Commentary 2 The Numbers That Drive Real Estate 3 Recent Key Events 9 Topics for Home Buyers, Sellers, and Owners 11 Brought to you by: KW Research Commentary Canada s economy continues
More informationM onthly arket. July Table of Contents. Monthly Highlights
Table of Contents Market Inventory...2 www.gaar.com Monthly Highlights The median sale price of single-family, detached homes climbed to $190,000 in July 2014, the highest level since August 2008. Market
More informationNew year kicks off with slow sales Jan. 2019
January 19 19 MONTHLY STATISTICS PACKAGE New year kicks off with slow sales 19, February 1, 19 As economic challenges linger into 19, housing markets remain on a sluggish pace. January sales totalled 8
More informationUnited States Housing, 2012
United States Department of Agriculture United States Housing, 2012 Delton Alderman ABSTRACT Provides current and historical information on housing market in the United States. Information includes trends
More informationOutlook for Median Home Selling Prices. United States data are useless for us.
Outlook for Median Home Selling Prices Outline United States Data Unobserved Prices The Future of California s Median Home Price Bill Watkins August 28, 28 2.% Existing Single-family Housing Sales percent
More informationUDIA WA PROPERTY MARKET STATISTICS
UDIA WA PROPERTY MARKET STATISTICS FEBRUARY 218 1 IN THIS ISSUE KEY TRENDS INDUSTRY UPDATE 3 4 ECONOMY RESIDENTIAL LAND DEVELOPMENT RESIDENTIAL PROPERTY SETTLEMENTS RESIDENTIAL PROPERTY MARKET RESIDENTIAL
More informationMonthly Statistics Package November 2015
Vancouver Island Real Estate Board Monthly Statistics Package November 2015 FOR IMMEDIATE RELEASE December 1, 2015 November Sales Activity Up Significantly From One Year Ago NANAIMO, BC November sales
More informationCommentary 2. Released: May The Numbers That Drive Real Estate 3. Special Report 9. Brought to you by: KW Research
Released: May 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary Despite lingering effects from regulatory changes in the mortgage markets,
More informationQUEENSTOWN-LAKES DISTRICT HOUSING ACCORD
QUEENSTOWN-LAKES DISTRICT HOUSING ACCORD Queenstown-Lakes Housing Accord 1. The Queenstown-Lakes Housing Accord (the Accord) between Queenstown-Lakes District Council (the Council) and the Government is
More informationHousing Price Forecasts. Illinois and Chicago PMSA, April 2013
Housing Price Forecasts Illinois and Chicago PMSA, April 2013 Presented To Illinois Association of Realtors From R E A L Regional Economics Applications Laboratory, Institute of Government and Public Affairs
More information657 S Belvoir South Euclid, OH Mark Khuri
657 S Belvoir South Euclid, OH 44121 Overview Property Type: Multi-Family Size: 6,612 sq ft Sale Price: $499,000 # of Units: 8 Year Built: 1972 # of Stories: 2 Construction: Brick Parking Type: Covered
More informationAuckland Monthly Housing Update. December 2018
Auckland Monthly Housing Update December 2018 Table of contents 1. Summary... 3 2. Highlights... 4 3. Dwellings consented... 5 4. Dwellings consented by type... 6 5. Dwellings consented inside 2010 MUL...
More informationSep September 2018
18 September 18 MONTHLY STATISTICS PACKAGE City of Calgary Persistent buyers market continues 18 City of Calgary, October 1, 18 With no change in the economic climate, Calgary s sales activity totaled
More informationFALLON CHURCHILL COUNTY, NEVADA RESIDENTIAL REAL ESTATE TRACKING REPORT
FALLON CHURCHILL COUNTY, NEVADA RESIDENTIAL REAL ESTATE TRACKING REPORT 1st QUARTER 2016 BOB GETTO, C.R.S. & S.F.R. Nevada real estate broker, Lic # 16039 Council of Residential Specialists certified,
More informationMONTHS OF SUPPLY AND PRICE CHANGES. Home improvement November marks a rise in sales. MONTHLY STATISTICS PACKAGE City of Calgary. Nov.
November 17 17 Home improvement November marks a rise in sales. City of Calgary, December 1, 17 The November housing market was spurred by a rise in sales, particularly in the lower price ranges. Sales
More informationAttached for release to the market is a Canberra Update booklet that was provided today as part of an Analyst and Investor tour of Canberra.
23 June 2010 MIRVAC GROUP CANBERRA Attached for release to the market is a Canberra Update booklet that was provided today as part of an Analyst and Investor tour of Canberra. For further information please
More informationMonthlyStatistics DECEMBER 2017
MonthlyStatistics DECEMBER 2017 FOR IMMEDIATE RELEASE January 2, 2018 VIREB Posts the Strongest December on Record NANAIMO, BC The Vancouver Island Real Estate Board (VIREB) reports that on a seasonally
More informationHousing market report
Capital city market report Prepared August Dr Andrew Wilson, Senior Economist Australian Property Monitors Buyer momentum rises through mid-winter housing markets National overview Buyer and seller momentum
More informationNEW HOMES REGISTRY REPORT
December 218 British Columbia s Monthly NEW HOMES REGISTRY REPORT Leading Housing Market Indicator for B.C. Registered new homes data are a leading indicator of housing and economic 1 activity in British
More informationReleased: April 8, 2011
Released: April 8, 2011 Commentary 2 The Numbers That Drive Real Estate 3 Special Report 9 Brought to you by: KW Research Commentary The housing market continues on a relatively stable and balanced track.
More informationScott Market Report Stronger Sales Continue
June 20 Scott Market Report Stronger Sales Continue The Outer Banks real estate market is seeing good signs in most market segments. After a somewhat slow start to 20, sales agreements picked up significantly
More informationJune 2008 MLS Month in Review
June 28 MLS Month in Review The Greater Albuquerque Real Estate Market continues to be strong. REALTORS put 1,769 homes under contract in the month of June. For our Market Area, sales are up 9.5% for Detached
More informationPhone: Fax: Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT. (for month ending July 31, 2017)
Phone: 519-641-1400 Fax: 519-641-1419 342 Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT (for month ending July 31, 2017) Table of Contents News Release for July 2017 3 Market Report
More informationMONTHLY STATISTICS PACKAGE. City of Calgary. May creb.com
MONTHLY STATISTICS PACKAGE City of Calgary May 1 creb.com Housing supply swells in cool spring market MONTHLY STATISTICS PACKAGE City of Calgary May 1 City of Calgary, June 1, 1 Calgary s housing inventory
More informationCalifornia Housing Market Update. Monthly Sales and Price Statistics May 2018
California Housing Market Update Monthly Sales and Price Statistics May 2018 Sales Lost Momentum as Mortgage Rates Continued to Climb California, May 2018 Sales: 409,270 Units, +0.3% YTD, -4.6% YTY 700,000
More informationMonthlyStatistics JANUARY 2018
MonthlyStatistics JANUARY 2018 FOR IMMEDIATE RELEASE February 1, 2018 Sales Return to Seasonal Norms in January NANAIMO, BC Coming off the busiest December on record, sales in the VIREB area returned to
More informationLUXURY MARKET REPORT. - March
LUXURY MARKET REPORT - March 2018 - www.luxuryhomemarketing.com THIS IS YOUR LUXURY MARKET REPORT MAP OF LUXURY RESIDENTIAL MARKETS Welcome to the Luxury Market Report, your guide to luxury real estate
More informationPuerto Rico Housing Finance Authority Housing Stimulus Programs
Puerto Rico Housing Finance Authority Housing Stimulus Programs June 30, 2011 (Preliminary June US data not yet available) Total sales assisted by PRHFA stimulus from $180MM Fund Assignment As of June
More information