Good news for potential property sellers
The New Zealand property market is booming, with record national average asking prices in Auckland, Coromandel, Hawkes Bay and Otago regions reported in February 2016.
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.
The New Zealand property market is booming, with record national average asking prices in Auckland, Coromandel, Hawkes Bay and Otago regions reported in February 2016.
Topics: Market Trends
Separation or loss of a partner is a stressful and upsetting time. And unfortunately, it can also have negative implications for any wealth, property or plans for the future you and your partner have acquired over the span of your relationship – even if you never married.
Topics: Market Trends
All fingers are pointing to seasonality being in full swing – particularly in the regions. In a turn-up for the books, asking prices in Auckland remained at a standstill during January, while nine out of 19 regions in New Zealand recorded an all-time asking price high. The bottom line being that if ..
Topics: Market Trends
The widening gap between supply and demand in the New Zealand housing market continues to increase, and it's causing a shortfall of homes.
Topics: Buying, Market Trends
Property can be a great investment, but it can also be a time consuming one. As a landlord managing your own property, you're tired of being time poor and the stress of dealing with all the demands involved. The pain of dealing with tenants, inspections, maintenance, rent arrears, confrontations, an..
Topics: Managing Property, Investing, Market Trends
August was a month of record highs and lows in housing, with signs of an early spring market in two of the country's biggest centres.
During the month, asking prices reached record highs across many of the regions, while half registered all-time lows in the number of houses listed for sale.
Topics: Market Trends
New Zealand's property market is a tale of two islands right now. The South Island, buoyed by the strength of the Central Otago, Otago and Southland regions is seeing considerable price growth, while the North Island markets are holding still, led by a stagnating Auckland market.
Topics: Market Trends
If you’re thinking of buying an investment property you may be wondering what’s involved and when’s a good time to make the move.
Topics: Investing, Buying, Market Trends
If you own a property and are considering renting it out through websites like Airbnb or Bookabach, proposed changes to rates could affect you. Under new council regulations, homeowners who rent out their properties for short-term bookings will be required to pay higher rates.
Topics: Investing, Market Trends
While January figures usually reflect the holiday slowdown, data and insights from the Real Estate Institute of New Zealand (REINZ) suggest compounding factors are influencing a decrease in sales activity and easing of price growth nationwide.
Topics: Market Trends