Market Insights

Ailsa Dawson

Auctions are alive and well in Welly

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

Ailsa Dawson

Buying off the plans

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

Why property pressure will keep simmering during 2021
Steve Hart

Property pressure will keep simmering during 2021

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

Tony Alexander

REINZ & Tony Alexander Real Estate Survey – October 2020

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

Steve Hart

Expats and first-home buyers buoy regional markets

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

Tony Alexander

REINZ & Tony Alexander Real Estate Survey – September 2020

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,

Tony Alexander

Tony’s View – August 2020

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

settled.govt.nz

10 key questions first-home buyers should ask real estate agents

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

settled.govt.nz

What to look for at your first open home

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

Steve Hart

Hot market with auctions delivering good results

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

Tony Alexander

REINZ & Tony Alexander Real Estate Survey – July 2020

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

Tony Alexander

Tony’s View – July 2020

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.

Steve Hart

What is recent data saying about house prices?

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