November 2024 Property Market Insights: Spring Brings Stability & Opportunity for Buyers

Published by: Professionals Group New Zealand, Nov 25, 2024 5:05:54 PM

Spring has sprung, and with it comes a wave of optimism in the New Zealand real estate market. According to the latest figures from the Real Estate Institute of New Zealand (REINZ) for September 2024, house prices are beginning to stabilise, and confidence is rising among both buyers and vendors. Co..

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Topics: Selling, Buying, Market Trends

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

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