January 17, 2023
If you are looking to upgrade your property, don’t let the doom and gloom sentiment get you down. It is actually easier and financially better to upgrade when prices are falling. Conversely, it’s better to downgrade when prices are rising for the same reason. As an example, using round numbers: If you own a $1 […]
May 26, 2022
In a rising market, vendors can over price with minimal risks in doing so. However, in a stable or falling market, over pricing often leads to underselling. The opposite is also true, if you price at market price, you increase the chances of selling above market price – even if the market is falling or […]
May 21, 2021
Taxes are going up for most property investors in the market today. If you currently own residential investment property you are most likely going to be affected by Labour’s announcement for housing on the 23rd March. For those who are unaware, there are key changes occurring from the 27th March (last Saturday) for existing, and […]
December 22, 2020
There have been two fascinating articles recently published by Dileepa Fonseka (https://bit.ly/3auZ7LG) and Susan Edmunds (https://bit.ly/34yvZ2p) that outlined several very important underlying messages buried deep within the various facts and figures supplied. Dileepa’s first message is right there in headline “property red-hot but agents going hungry” which should have the simple sub-heading “that all real […]
April 10, 2018
Timing is everything when you’re looking to buy a house. It’s hard to know when to enter the market with different (and sometimes seemingly conflicting) statistics being reported in the media. We explain the best ways you can do some solid research of your own, along with a few handy tips to help you obtain […]
September 10, 2017
The housing market seems to have gone into an extended hibernation over winter. We’ve cast our expert eye over the latest property statistics to give you some valuable insights. Our tips for those looking to sell or buy a house are an essential read. What’s happening out there? While the cooler months are traditionally a […]
April 28, 2017
The property market certainly keeps us on our toes. As residential sales market starts to ease, the rental market has started to pick up – particularly in Auckland. While it’s great news for property investors, the increase in demand is leaving some prospective tenants feeling left in the lurch. If that sounds like you, make […]
March 16, 2017
Summer is normally a boom time for property sales. But, as Bob Dylan famously sung, “times, they are a-changin.” Instead of the usual rocketing prices, the market appears to be going through a period of consolidation – particularly in Auckland. Let’s take a look at where the changes are coming from. What’s happening out there? […]
November 18, 2016
It’s certainly been an interesting few weeks! First came the US election results and the Reserve Bank cutting the OCR to its lowest-ever rate. Then there were the unwelcomed earthquakes, which will have a long-lasting impact. There’s been a fair bit to keep economists (and everyone else) on their toes. While we wait to see how […]
October 20, 2016
Opinions are pretty divided on whether the Auckland property market is now at or nearing its peak. Some industry experts and economists that say there is some way to go, are pointing towards to the three fundamentals still being very much in play. Those three fundamentals are: Housing supply shortage (and slow consents) High immigration […]
March 31, 2016
As we head into a usually quieter time over the winter months, it seems the market is doing the opposite, with a steady stream of buyers on the lookout for both family homes and investments. Here’s the latest on what we’re seeing happening in the Auckland (North Shore), Christchurch and Wellington real estate sales markets, […]
February 12, 2016
What’s the latest on rental properties in your area? While there’s been some recent reports that rents have dropped back to January 2015 levels, we’re seeing the exact opposite, with tenant demand increasing in the main centres where we operate. Our Auckland, Wellington and Christchurch teams are responsible for managing more than 1,200 investment properties and have […]
September 25, 2015
Wondering where Wellington’s rental property market is headed? Nick Close leads our Wellington Property Management team, which is responsible for nearly 200 investment properties throughout the region. In this blog, we ask Nick for his opinion on current and future trends for the local rental market. How would you describe the current Wellington rental market? […]
June 2, 2015
After several years of post-quake fluctuations in population and property availability, the Christchurch residential property market finally seems to be finding its new ‘normal’ level again. While the tumult is not totally over – there’s still a lot of rebuild ahead of us – most of Christchurch’s regular population has settled back into long-term homes. […]
May 13, 2015
As the selling price of the average Auckland house hit an all-time record of over $800,000 for the first time, the red-hot Auckland property market is certainly one of the most common topics of conversation at the moment. Amazingly the prices are up nearly 50% from $546,488 at the peak of the last property boom […]
March 11, 2015
In our last blog we promised you two “Golden Numbers”. These two golden numbers are the figures you should take into account when you’re assessing the future direction of the property market here in New Zealand. So, why will this heated market continue (and probably for some time)? There are two main ingredients that need to be […]
February 10, 2015
We seem to hear every week from some pundit about a new plan to ease the pressure on the Auckland and Christchurch housing markets, when staring us in the face is the key driver of house price inflation in New Zealand. 2014 saw record net immigration top 50,000 for the first time ever (actually 50,900). 23,000 of […]
August 27, 2014
After two years of incredibly high rents in Christchurch, things are beginning to settle. The Press reports that demand for homes in the $1000+ per week rental market is cooling fast and the “heat is starting to come off the rest of the market too”. Sounds a little deflating for those with investment property, but […]
June 17, 2014
There’s a lot media speculation on what our property market is doing at the moment, some positive, some very negative. If you saw the recent piece on Campbell Live, Auckland auctions certainly looked dire – footage of empty auction rooms and highly publicised homes not selling. While on the other hand, reports say that property is […]
December 17, 2013
As we move inexorably along in the second decade of the 21st century, I thought it might be interesting to get a sense of how time ‘flies’, as we set up for yet another year. The 50th anniversary of the assassination of President Kennedy and all the TV shows reviewing that terrible day brought back […]
