People looking to attend a site visit or simply visit their holiday home in New Zealand may have to rearrange their plans after it was announced that a number of New Zealand flights have been cancelled over volcanic ash fears, which are drifting at altitudes of up to 35,000 feet.
The Puyehue-Cordon-Caulle volcano has been erupting for over a week making it too dangerous for aeroplanes to fly through the ash.
New Zealand's Civil Aviation Authority said in a statement: “Given that the volcanic activity is continuing, it is expected that New Zealand airspace may be affected by these plumes for at least a week.”
The New Zealand property market is currently in good shape, with good prospects for growth. According to the latest analysis by Real Estate New Zealand (RENZ), it is gradually becoming a seller's market.
A prolonged sluggishness of fresh New Zealand property listings means that demand is starting to outweigh housing supply, the latest analysis by RENZ shows.
Auckland is generally the most popular place to buy property, and now could very well be a good time to buy, due to a recent property price reduction in the city.
The latest data released by estate agent Barfoot and Thompson shows that the average sale price of a home in Auckland fell from £272,600 in April to £265,000 in May.