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Real Estate Insights

Financial stress in the property market appears to be easing as mortgagee listings decline

Mortgagee listings are declining, this year faster than prior years. However the headline data hides a tale of 2 markets - Auckland is easing very quickly but the rest of the country is still cast in the shadow of mortgagee stress

Auckland Property Report – April 2012

The Auckland property market is certainly more alive than it has been for a number of years - the continued shortage of listings matched to strong demand and strong sales is leading to a higher asking price and a strong rise in sales price, certainly not a bubble, but a warming pot!

NZ Property Report – April 2012

The property market is showing signs of some rebalancing of supply and demand, however not in Auckland where continued tightness of listings and strong demand is driving higher asking prices by sellers

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News

Budget 2012: Govt-subsidised home insulation scheme extended

A Government-subsidised home insulation scheme will be extended for a year, Energy Minister Phil Heatley announced in today's budget.The Warm Up New Zealand programme was scheduled to expire in July next year, but would now be extended...

ASB fires new shots in mortgage war

ASB has cut both its advertised six-month and 18-month fixed-term mortgage interest rates, effective tomorrow.The bank said it was cutting its six-month rate by 50 basis points to 5.25 per cent and its 18-month rate by 40 basis...

Budget 2012: Government cuts back housing scheme

The Government has scaled back another affordable housing scheme as it looks to save $123.1m across the housing portfolio in this year's Budget.Some $19.1m will be shifted from the Welcome Home Loan mortgage insurance scheme over...


Real Estate Blogs

Coming soon – from Nelson to the World

agent profile image May 24th. 2012 Last August I reported, here, that filming was about to start on Kiwi Flyer, a film based on a local event here, …..the famous annual trolley derby, and photographing much local scenery around Nelson. Well am happy to say the official preview trailer is out, and you can watch it above. Nelson [...]

What Makes A Good Councillor?

agent profile image Those of you in the Feilding ward have the opportunity to choose a new member of our Council. Council decisions have significant effects on the Real Estate Market. We all want a positive Real Estate Market, as that is where most of us invest our savings and build our equity. We want a Councillor who [...]

Jessie Hughes – “NO PROBLEMS – JUST SOLUTIONS”

agent profile image “NO PROBLEMS – JUST SOLUTIONS” Jessie wonders if you are thinking “I have heard it all before”. Right. So she won’t go there. In ten words: Elite, millionaire & top agent status regularly throughout her 25 years. Her previous experience – Office, banking, sales, self-employed. INNOVATIVE & FORWARD THINKING A MUST Jessie is passionate about [...]

Your Experiences in Real Estate in NZ

agent profile image Bayleys Real Estate gave me a website and Realestate.co.nz provided me with a blog. Content I created myself but you can get articles written for $10. I created my own videos using Picasa or my iPhone and uploaded them to my YouTube channel - NZ Super Agent.

Ex state house sells under the hammer $280,000 above CV

agent profile image After only 16 days on the market with almost 300 people through the open homes and around 100 people in attendance at the auction, 37 Miller St, Pt Chevalier SOLD under the hammer today for $1,210,000. The bidding started at $850,000 and ran under the expert management of auctioneer Mark Sumich as follows: $850,000 That’s [...]

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Popular Suburbs

We look at the total number of properties in a suburb compared to the amount of listings, views and average time to sell for a snapshot of what's hot around NZ.