Market Insights

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

Tony Alexander

Tony’s View – Valuers Survey – June 2020

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 But the data are out of date, we know the June quarter will be a

Tony Alexander

REINZ & Tony Alexander Real Estate Survey – June 2020

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

Steve Hart

Homebuyers rethink what they want post Covid-19

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

Tony Alexander

Tony’s View – Valuers Survey – May 2020

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

Tony Alexander

Tony’s View – Real Estate Survey

A buyer’s market, but not everywhere Last month I started up a survey of real estate agents asking their views on developments during the early days of Level 4 lockdown. The results are available here. Now, in Level 3 with

Tony Alexander

Covid-19: What do you think might get better?

We are very pleased to bring you the final supplement from Tony Alexander in his Covid-19 series. Tony was the Chief Economist at the BNZ for 26 years and is now an independent Economics commentator. 28th April 2020 A Few Good

Steve Hart

Now might be the time to sit tight

While home buyers and sellers have been stopped in their tracks by COVID-19, it’s good to reflect on past economic traumas and use our time wisely. It was turning into a busy year for real estate until the nationwide lockdown

Tony Alexander

Covid-19: The Housing Market – Positives & Negatives

This Supplement is devoted entirely to housing. I’m going to attempt to produce as long a list as possible of the factors which will be impinging on our housing markets over the coming months and longer-term as a result of