May 2024 Market Update: Keep Calm & Carry On

Published by: Professionals Group New Zealand, May 13, 2024 12:48:17 PM

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.

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Topics: Selling, Buying, Market Trends

2024 Property Market Insights & Predictions

Published by: Professionals Group New Zealand, Mar 8, 2024 4:08:12 PM

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..

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Topics: Selling

November Market Update – 5 Reasons to Go to Market before Christmas

Published by: Professionals Group New Zealand, Nov 21, 2023 10:05:28 AM

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:

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Topics: Selling

July Update - 5 Compelling Reasons to Buy in the Current Real Estate Cycle

Published by: Professionals Group New Zealand, Jul 26, 2023 12:11:13 PM

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..

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Topics: Selling

March Update - Mortgages at Peak, Prices Nearing Bottom  

Published by: Professionals Group New Zealand, Mar 29, 2023 8:35:13 AM

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. 

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Topics: Selling

5 Things You Need to Know About the Property Market

Published by: Professionals Group New Zealand, Mar 1, 2023 4:12:26 PM

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..

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Topics: Selling

2023 Property Market - 4 key questions answered by the CEO

Published by: Professionals Group New Zealand, Jan 17, 2023 2:51:23 PM

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..

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Topics: Selling

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