In this month’s REINZ and Tony Alexander survey, agents say that they are seeing more people attending Open Homes, while a net 38% report more people at auctions. Prices are seen as rising by a net 88% and FOMO (fear
Thirty houses on a new sub-division in Masterton will go some-way to addressing the area’s housing shortage says Anita Baker of Baker & Co. She sold a 3 hectare block of land to a developer on the day we spoke
In this month’s survey, agents report that they are seeing more people attending auctions and Open Homes, whilst pricing perceptions have risen strongly from our first survey back in May. Far fewer investors now believe that they will find bargains,
We wanted to get a snapshot of the national rental market to see what affect Covid-19 has had on property owners and their rental customers. As you’d expect, it’s a mixed picture, but it seems that in some parts of
This week I have two of my monthly surveys to report on – one of valuers and the other of mortgage advisors. There is an interesting divergence between the two, even though both surveys were conducted after Auckland went into
Buying your first home can be an overwhelming process at times. It’s a new experience, and it’s understandable that learning how it works can be stressful and confusing. You’ll likely have limited knowledge of the process, who to talk to
If you’re serious about buying your first home, congratulations! It’s an achievement getting this far. If you’ve clarified and discussed your goals and sorted your finance, the next step is to start attending open homes in the area you’re interested
Among the ups and downs caused by Covid-19 the country’s real estate market has remained buoyant – especially so given the traditional dip in activity during the winter months. However, the issue of setting a fair sale price, which is
This is the second issue of the new REINZ & Tony Alexander Real Estate Survey. This survey gathers together the views of licensed real estate agents all over New Zealand regarding how they are seeing conditions in the residential property market in
Businesses Plan Cutbacks This week NZIER released the results of their latest Quarterly Survey of Business Opinion (QSBO), which sits alongside the ANZ’s Business Outlook Survey as providing the best long-run set of business opinion data available in New Zealand.
House prices, the unofficial barometer of the nation’s economy, are basically unchanged despite early talk of them dropping by up to 10 percent when the Covid-19 crisis shut the country down. According to a report by CoreLogic, drawing on data
You probably expect that I will write about this morning’s GDP (Gross Domestic Product) numbers which showed 1.6% shrinkage in our economyduring the March quarter. But the data are out of date, we know the June quarter will be a
Welcome to the first issue of the new REINZ & Tony Alexander Real Estate Survey. This survey gathers together the views of licensed real estate agents all over New Zealand regarding how they are seeing conditions in the residential property
Although the Covid-19 lockdown is already starting to become a distant memory for most of us; the pandemic has caused some homebuyers to think differently about what they want when it comes to buying their next property. Larger gardens and
Early Days Yet According to Valuers Last week I released the results of my now regular survey of real estate agents around New Zealand. A valuer contacted me to say that he would welcome being included in the next survey
