18 | New Zealand Pain & Gain Report October 2017 © Copyright 2017. CoreLogic NZ Limited (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsisting in this publication including any data, analytics, statistics and other information. All rights reserved. Outside the Main Urban Areas 0% 20% 40% 60% NTH Far North District Kaipara District WAI Hauraki District Matamata Piako District Otorohanga District South Waikato District Taupo District Thames Coromandel District Waipa District Waitomo District BOP Kawerau District Opotiki District Western Bay of Plenty District Whakatane District TAR South Taranaki District Stratford District HB Central Hawkes Bay District Wairoa District MAN Horowhenua District Manawatu District Rangitikei District Ruapehu District Tararua District WEL Carterton District Kapiti Coast District Masterton District TAS Marlborough District Tasman District CAN Ashburton District Hurunui District Kaikoura District Selwyn District Timaru District Waimakariri District WC Buller District Grey District Westland District OTG Central Otago District Clutha District STH Gore District Southland District 1.6% 7.9% 21.1% 1.0% 2.1% 4.9% 3.6% 12.5% 1.6% 2.6% 5.1% 0.8% 8.7% 13.0% 2.2% 22.6% 33.3% 6.3% 14.9% 13.8% 5.8% 1.6% 3.1% 2.2% 1.2% 2.8% 3.0% 3.3% 9.3% 2.0% 9.8% 11.1% 2.0% 4.6% 21.4% 38.9% 48.6% 13.4% 5.1% 8.8% 10.6% Minor regions X X Smaller regions in close proximity to main centres in the upper half of the North Island – Kaipara District in Northland, Waipa and Matamata Piako Districts in the Waikato and Western Bay of Plenty. X X Outer Wellington regions, Kapiti Coast at 1.2% and even Manawatu District (main town Fielding) at 1.6% in Q2 2017. X X Timaru and Hurunui in the wider Canterbury region, at 2% in the last quarter. Largest proportion of loss making resales: X X Buller and Grey Districts, on the West Coast of the South Island continue to see a large proportion of sales incurring a loss. X X Waitomo continues to have a higher share of loss-making sales compared to other centres outside the main urban areas; however this is down on two years ago. X X South Taranaki District (main town Hawera) had one in five sales incur a loss in Q2 2017. X X Wairoa’s 33.3% figure is attributable to one sale, so should be treated with caution. Proportion of total resales at a loss Lowest proportion of loss making resales: