First home buyers needing to look south March was a significant month for the property market, with the Government announcing their new housing policy. Here’s what you need to know: The bright-line test will be extended to 10 years for
New Zealand is a pretty safe place, ranking second out of 168 countries on the 2020 Global Peace Index. Although our country benefits from low crime rates, the majority of New Zealanders are still in favour of CCTVs on private
It’s the age-old question for any first-home buyer – buy now or wait for prices to drop or hold out for something better. Real estate watcher and writer Steve Hart says there’s no time like the present.
The homes.co.nz Monthly Property Update is generated using homes.co.nz’s March 2021 HomesEstimates, providing an up-to-date perspective on house values around New Zealand. Sales records in over 300 suburbs smashed Are you continually surprised by how much your neighbour’s property is
When it comes to fast internet, we have a whole lot of choices here in New Zealand. How do we find that one broadband plan that matches all our needs? NZ internet runs up to an average speed of 14Mbps
Guest Editor: Brad Olsen at Senior Economist, Infometrics Increased housing supply overlaps with more modest house price gains House prices continue to rise at a rapid pace across New Zealand, up 10.3%pa over the last year alone. With it now
Chris and Sarah decided to take advantage of the buoyant real estate market and purchase an investment property to turn a profit to fund some short term goals they both had. The plan was to purchase a ‘do-up’ that had
Recently I was drawn into a conversation around a buyer and seller who had fallen out because the seller had denied having verbally accepted an offer from a buyer introduced to their property through their real estate agent. Both the
The waterfront premium around New Zealand While sitting on the beach this summer, did you find yourself looking around the nearby waterfront properties and dream? The team at homes.co.nz did too, and unfortunately the value of these homes often comes
Recently I attended two auction rooms, Professionals Lower Hutt for their Thursday auctions and Harcourts Wellington City’s Friday auctions. Rest assured people, auctions are alive and well in Wellington. What caught my attention in the Professionals auction room was 6
What is the HomesEstimate? The HomesEstimate is an algorithm used to calculate the estimated market value for an individual home. It is not a formal valuation, but a starting point in determining a home’s estimated value. The HomesEstimate is calculated
Recently I had the pleasure of sitting down with Ben Macky, Founder, and CEO from Wallace & Stratton to discuss the pros and cons of ‘buying off the plans’. I was keen to gather insights from local experts in this
When it comes to real estate trends and forecasts for 2021, the picture won’t be too different to 2020 according to industry experts who spoke to homes.co.nz. The most comforting prediction for buyers is that the market may be less frantic
$1.46 Trillion and growing… Although challenging for most, 2020 has certainly been an interesting year for the New Zealand property market. Contrary to what many predicted, the market has rebounded from the Covid lockdown and we’re now seeing record prices
