As we head in to Spring, it’s clear that the property market has shifted. July saw a rebound in sales activity after a slow June, August’s sales volumes remained subdued, however, the market has turned this Spring and buyer interest is increasing.
Whether you're buying, selling or something in between, we've got all the ins and outs on New Zealand property here in our blog.
As we head in to Spring, it’s clear that the property market has shifted. July saw a rebound in sales activity after a slow June, August’s sales volumes remained subdued, however, the market has turned this Spring and buyer interest is increasing.
Topics: Selling, Buying, Market Trends
With the latest CPI inflation data from Sats New Zealand coming in at 3.3% for the 2nd quarter - lower than predicted by the Reserve Bank - plus market data showing low confidence in the economy, a reversal in immigration numbers, declining retail spending figures, and a stalling in house prices, th..
Topics: Selling, Buying, Market Trends
Are you considering selling your home? Knowing its current market value is a crucial first step, and a free market appraisal from a local Real Estate Salesperson is the best way to start.
Topics: Selling, Buying, Market Trends, free market appraisal
As the New Zealand property market heads into what’s traditionally the slower winter months, now is a good time to take stock and make a decision on what your property goals are for 2024 and beyond.
Topics: Selling, Buying, Market Trends
It’s been a good start to 2024 for the property market, and the overall sentiment remains positive with a record number of listings in February, and it is a great time to buy.
Interest rates, property values, immigration, and a new property cycle - here are our top 5 insights and predictions for 202..
Topics: Selling
The market is warming up and with the election (almost) behind us, stable economic factors are drawing buyers back into the market, as highlighted in the REINZ’s October data:
Topics: Selling
New Zealand's real estate market operates in cycles, with property values fluctuating in the short term. However, over the span of 5 to 10 years, the average house price shows a consistent upward trend. While the past pattern of doubling house values every 8 to 10 years may not continue due to price..
Topics: Selling
Property markets move in cycles, ups and downs, ebbs and flows, and we are approaching the peak of interest rates, which means we could be close to the bottom of house values.
Topics: Selling
The start of the year is always slow in the New Zealand property market. The REINZ data for January shows the Auckland market was affected by the significantly bad weather events, with the whole country recording the least number of sales in 40 years. There was a total of 2,759 sales across the coun..
Topics: Selling
As we head into a New Year, many of our agents across the country are being asked what 2023 will hold for the property market and home values. While no one has a crystal ball to see into the future, and economists tell us that we will only know the peaks and troughs of the market after they have occ..
Topics: Selling