Real Estate Insights

Has the shine gone off the Auckland property market?

– Far North the new hot spot for buyers, Otago the new #1 for rental returns –  Interest in the Auckland property market has dropped on the back of ever increasing house prices and falling returns for investors. Auckland average asking prices rose again to another all-time high in June to $888,493, but searches on […]

Scarcity of houses for sale nationally creates sellers’ market statistics show demand and prices up, supply down Download the full report here. The average asking price for a New Zealand house hit an all-time high with stock at an all-time low for May 2016, in a market which is heavily favouring sellers. Real-time market statistics released today by show the May national […]

Wellington steals the limelight from Auckland property market

Wellington inventory levels at record low, upward pressure on prices  AUCKLAND, 3 May 2016 – Statistics released today by for April 2016 show that strong demand means available inventory weeks of property for sale in Wellington is down a record 61% on the same time last year (April 2015). A full copy of the […]

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Two Freehold Titles!!!

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Two Freehold Titles!

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New LVR Restrictions

agent profile image The Reserve Bank announced further changes to the existing LVR restrictions currently imposed on NZ Banks: • No more than 5 percent of bank lending to residential property investors across New Zealand would be permitted with an LVR of greater than 60 percent (i.e. a deposit of less than 40 percent). • No more than […]