Monthly Property Report

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

What did we see in the property market last lockdown?

Well, that escalated quickly! One minute we were enjoying life in Level 1, and the next day we were in lockdown with all the challenges it posed. The team at homes.co.nz wishes everyone well during this time and fingers crossed

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

Has your home doubled in value?

There are signs that the market is finally slowing and many commentators are predicting that we may be approaching a turning point. Assuming we are approaching the end of the current property cycle, we thought we’d step back and provide

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

Have we seen the end of low interest rates?

The Reserve Bank has reported May’s average mortgage interest rates for 2, 3, 4 and 5 year fixed terms being higher than in April. This has followed a sustained period of falling interest rates, which has contributed to the property

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

Searching for a section?

The saying goes, if you want something done right, then do it yourself. However, when it comes to property, this may be easier said than done.  With prices for existing homes getting further and further out of reach, many potential

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

A Leg Up for First Home Buyers

It’s good news for first home buyers with changes to the support offered by the Government. These changes took effect from 1 April 2021 to better help prospective first home buyers get on the property ladder.  The 2 main initiatives

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

homes.co.nz Monthly Property Update – April 2021

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

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

homes.co.nz Monthly Property Update – March 2021

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

Brad Olsen

homes.co.nz Monthly Property Update – February 2021

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

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

homes.co.nz Monthly Property Update – January 2021

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

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

homes.co.nz Monthly Property Update – December 2020

$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

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

homes.co.nz Monthly Property Update – November 2020

New Zealand’s most tightly held areas  The supply of housing stock continues to be an issue right across the country. Fewer properties for sale and strong demand for housing are resulting in record prices. With limited supply being a major

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

homes.co.nz Monthly Property Update – October 2020

Cheapest streets in the most expensive suburbs With property values continuing to increase, there are now 120 “million dollar” suburbs around the country. The majority of these are in Auckland, with 102 suburbs in the city having a median HomesEstimate

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

homes.co.nz Monthly Property Update – September 2020

Apartments or the family home – what is for sale in your area?  I’ve heard a few anecdotes recently about what types of properties are selling. Some are saying that properties priced for first home buyers are being snapped up,

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

homes.co.nz Monthly Property Update – August 2020

A real estate bounce back For now, at least, we’re seeing the property market pick up strongly since the COVID lockdown on homes.co.nz. Weekly listing volumes on homes.co.nz are approx 40% up on the same time last year. We note

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

homes.co.nz Monthly Property Update – July 2020

Opportunities for First Home Buyers?  When is the best time to get onto the property market? And where should First Home Buyers be looking? As a relatively new homeowner myself, I understand the challenges of getting into the property market.