October 2024 Property Market Insights & Top Tips for Sellers

Published by: Professionals Group New Zealand, Oct 17, 2024 2:19:38 PM

As we enter the final quarter of the year, there’s plenty to discuss in the property market. The recent cut in the Official Cash Rate to 4.75% has lowered mortgage rates, and the latest Real Estate Institute of New Zealand (REINZ) report shows a market that’s flat overall but with signs of optimism...

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Topics: Selling, Buying, Market Trends

Spring Growth: Market Sentiment Shifts as Mortgage Rates Decline

Published by: Professionals Group New Zealand, Sep 19, 2024 9:23:57 AM

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.

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Topics: Selling, Buying, Market Trends

July 2024 Market Update: All Data Leads to Rate Drops

Published by: Professionals Group New Zealand, Jul 19, 2024 5:02:51 PM

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..

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Topics: Selling, Buying, Market Trends

What's Involved in a Free Market Appraisal with a Real Estate Salesperson in New Zealand?

Published by: Professionals Group New Zealand, Jul 3, 2024 3:25:46 PM

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.

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Topics: Selling, Buying, Market Trends, free market appraisal

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

Key influencers of buyer confidence: what they mean for you.

Published by: Mike Henderson, Jul 18, 2022 10:18:30 AM

Buyer confidence is influenced by a number of external factors. By understanding the wider forces that shape the property market, you can make well-informed decisions.

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Topics: Buying, Market Trends

May statistics show: It’s a buyer's market out there

Published by: Mike Henderson, Jul 18, 2022 10:17:22 AM

Following April reports, May numbers continue to show that it is a great time to get on the property ladder. An increase in housing stock along with stable asking prices means buying your first home is beginning to look a little easier. This blog will explore what the latest data around New Zealand ..

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Topics: Buying, Market Trends

Buyers continue to feel the pressure as the shortage of properties grow

Published by: Mike Henderson, Jul 18, 2022 10:10:17 AM

The widening gap between supply and demand in the New Zealand housing market continues to increase, and it's causing a shortfall of homes.  

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Topics: Buying, Market Trends

What you need to know about using KiwiSaver to purchase your first home

Published by: Mike Henderson, Jul 18, 2022 10:02:02 AM

You've decided property ownership is for you and after a dedicated effort to save for a deposit, you're finally ready to take the plunge — with some help from KiwiSaver. 

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Topics: Buying

5 things you need to know when buying a home

Published by: Mike Henderson, Jul 18, 2022 10:01:16 AM

If you’re new to the world of property, buying a house for the first time can be an exciting and an overwhelming prospect. From getting your finances in order, to making an offer and understanding your legal obligations; it’s a complex process with many aspects to consider.

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Topics: Buying

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