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Real Estate Insights

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 […]

Average asking of homes remains high

Home sellers are still expecting near record prices for their homes. The national average asking price is $488,711, only 0.4% lower than the all-time record achieved in June. Three individual regions achieved new record high asking prices in July. On average, sellers in Waikato want $394,806 for their homes, marginally higher than the previous high […]

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Real Estate Blogs

The Block Pt Chevalier alternative

agent profile image If you would like to purchase a new home in Pt Chevalier but want at least 500m2 of land and 325m2 of house take a look at our listing for 25 Buxton St at sellrealty.co.nz This home will be constructed to the highest standard with quality fixtures and fittings and will comprise 4 bedrooms, ensuite, […]

5 reasons to buy in spring

agent profile image The days are getting longer, the weather’s warming up, the garden is in full bloom – it’s no surprise that spring is one of the busiest times of the year for the property market. Here’s five reasons why you should make your next property purchase in spring…

Local, Regional and National Pride

agent profile image Pride in your home town is a good thing, as is pride in your province or region, and pride in your country. It leads to positivity, and vibrancy, and a nice feeling of belonging, and being part of something much bigger than yourself and immediate family and group of friends. Clearly it can be taken […]

Feilding’s Market Quite Busy!

agent profile image The number of Feilding house sales in September through all Agencies was at a long term  average. This is pleasing. There were 33 sales compared with 22 last September. Palmerston North had 104 sales in September 2014 which is the same number as in September 2013. Feilding’s median residential house sale price calculated over 3 […]

Replacing blown fuses in older rental properties

agent profile image Fixing a blown fuse in rental properties these days is usually as simple as flicking a switch. This is because all new properties are required by law to install Residual Current Devices (RCDs) that will disconnect electricity when there is a power overload. As blown fuses are usually caused by switch overloading, it is usually […]

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