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Real Estate Insights

Surge of new listings on the home market

The number of new listings on the residential property market surged by 32% in October after a slowish September. Figures released by Realestate.co.nz, New Zealand’s largest online database of homes for sale, show that 13,765 new homes came onto the market in October. With the election, we didn’t see the usual spring rise in homes […]

Property prices rising slower this year

The strong rise in property asking prices has slowed down markedly in recent months. Over the last year, the national asking price for properties increased by only 3.9%, compared to an 8.7% increase in the preceding year. At the same time, the available inventory of homes for sale remains well below the long-term average. The […]

New home listings unseasonably low

The usual surge in new home listings on the market in August is noticeably weaker this year compared to the past, with just 9,482 new listings. New residential property listings are 11.5% down on the same time last year. This fall affected most regions around the country, with only Northland, the Coromandel and Central North […]

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Real Estate Blogs

Pt Chev School jumps from Decile 8 to Decile 10

agent profile image Pt Chev school has seen a two point jump in it’s Decile rating in the latest review. Deciles are based on household incomes, occupations, educational qualifications, overcrowding and the proportion of people on benefits in a defined area where pupils live. This will no doubt lead to even stronger house price pressure in Pt Chevalier […]

Pt Chevalier Lotto Plus sells $9,000,000 Big Wednesday ticket

agent profile image A ticket purchased at Pt Chevalier Lotto Plus in the mall on Great North Rd has sold the winning Big Wednesday ticket tonight with total cash and prizes of $9,000,000.                       If you see someone driving around the area in a new Aston Martin or […]

Pt Chevalier Lotto Plus sells $9,000,000 Big Wednesday ticket

agent profile image A ticket purchased at Pt Chevalier Lotto Plus in the mall on Great North Rd has sold the winning Big Wednesday ticket tonight with total cash and prizes of $9,000,000. If you see someone driving around the area in a new Aston Martin or an Audi Q7 towing a Rayglass boat send them to our […]

Residential & Lifestyle Market

agent profile image How many residential and lifestyle transactions take place by all Real Estate Agents in the Manawatu District, including Feilding, but excluding Palmerston North, in a 3 month period? My figures are approximate because some companies input of statistics leaves a bit to be desired. There are a few sales inputted to the wrong location, but […]

Great photos = tenant engagement

agent profile image The quality of the listing can have an impact on the speed in which a property will be rented.   Properties come in all shapes and sizes but two important factors stay the same.  Photos and the description play an important role in the number of enquiries that are generated.   The objective is to attract as many […]

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