Vapm101 Introduction To Property Assessment Answer

    Undertake an internet search for media articles and statistics on the Christchurch residential property market.  Where you access data from (or directly quote from) an article, provide a reference to the article used and list the references you used at the end of the assignment.

1. Describe the changes that have occurred in the Christchurch housing market since the middle of the 2019 calendar year to June 2020.
    Limit your answer in this section  (about one page). A minimum of 3 articles or web site articles are required and references to these sites must be quoted at the bottom of your assignment. Suggested sites are realenz.co.nz, stuff.co.nz, nzherald.co.nz or search on key words such as Christchurch property market. Note also that many banks provide property reports on residential markets, to access, use the bank name followed by Christchurch property market as your search key words.     (supply, demand, quantity, price, time)
   
 Suggested structure of your market analysis exercise answer headings:-
1)Title of your study
2)Scope of the study (define geographic, time period etc)
3)Description of the market changes
4)Summary of the market changes
5)References and data sources


2. In addition to your owner occupied market analysis above, describe the changes that have occurred in the last year to the market for rental houses in Christchurch i.e. bought to rent out as an investment. Support your answer with one or two media articles.

3.  Outline the meaning of the following terms in relation to land ownership.

1.Freehold
2.Fee
3.Simple ownership
4.Legal Estate
5.Absolute ownership
6.Severalty