Monthly Property Report

The Data Team

Why and how to sell in Winter 2023

While the general thinking may be that spring or summer is the best time to sell your home, think again. If you talk to seasoned agents, they will argue emphatically that winter is their busiest time of the year.  And,

The Data Team

Lending changes help stimulate the housing market

As the property market continues slow progress, the Government and Reserve Bank (RBNZ), content that there is more financial stability after restrictions, are making moves that will likely encourage more buyers into the market. This month’s HomesEstimate report shows that

The Data Team

3 reasons the property market isn’t so bleak

Trade Me has released its annual State of the Nation report surveying 2,198 Kiwi who searched for a property, job or vehicle on Trade Me in 2022.  The report produced some encouraging results that contrast with the current, somewhat pessimistic,

The Data Team

What do the recent changes to the OCR mean for the homeowner?

A little background:  During the Covid-19 pandemic, we saw the Reserve Bank lower the OCR to help alleviate some of the inevitable pain felt by homeowners and businesses struggling to service their debt. During this time, we saw interest rates

The Data Team

Property experts weigh in on the year ahead

Property experts and agency heads give insight into the 2023 market, and it’s a more positive outlook than you might expect. If you are looking to sell this year though, there are many macro factors at play, so we’ve gathered

The Data Team

Getting your home sale-ready

Summer is well and truly upon us, and if you’re thinking about putting your house on the market in 2023- we’re here to help set the wheels in motion.  To start you off, here are six simple steps to get

The Data Team

To renovate or relocate?

Renovating vs relocating. It’s an extremely common quandary for homeowners. Do you stay put and renovate or do you move on, and find something new that will better to your needs in the coming years?  Points to ponder when choosing

The Data Team

Are Kiwi confident in the property market?

Our quarterly Property Pulse Report reveals how confident Kiwi buyers and homeowners are in the property market, their main concerns as well as their intentions for the future.  Together with Trade Me, we surveyed over 5,000 homeowners and 900 buyers

The Data Team

Preparing to buy a home: Mortgages 101

House prices are down and supply is starting to surge across much of the country. If you’re looking to get into a property or to upsize, now could be a great time to do so. But, it would be wise

The Data Team

The Middleclass Millionaires of Today

Not so long ago, ‘millionaires’ were few and far between. Now, here in 2022, it’s a concept common among the middle class – and it’s causing a growing divide. Dot Loves Data used homes.co.nz figures to analyse the sales price

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

Changing winds for first home buyers

The property market is in a different phase to what many of us are used to with prices decreasing across much of the country.  Decreasing property values are eroding homeowners’ capital gains (although the capital gains for many are in

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

Are homeowners staying put?

Last month, the team at homes.co.nz tried to put recent property price decreases into perspective by comparing any price drops to the average capital gains generated across the country.  Although most kiwi homeowners have owned their home for an extended

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

Putting recent price drops into perspective

2022 has seen a change in the New Zealand property market. Prices are softening across most of the country, sales volumes are decreasing and those properties that are on the market are taking longer to sell.  There are a number

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

Sustainability of Kiwi homes

Sustainability is an increasing concern for many Kiwi’s and is starting to be more front of mind for those in the property market. For current (and prospective) homeowners, being more sustainable means reducing their carbon footprint throughout the building lifecycle

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

The Times They Are a-Changin’…

You may have noticed your HomesEstimate starting to decrease. The reason for this is the headwinds facing the property market are starting to be seen in homes.co.nz’s sales data and are now starting to impact homes.co.nz’s estimated values across the