Real Estate Insights

Record high average asking prices in many regions, though new listings fall and inventory hits record low

Bay of Plenty breaks $500,000 ceiling in average asking price, with Waikato, Wellington, Canterbury and Central Otago also reaching new record highs   AUCKLAND, 3 February 2016 – A number of regions across the country experienced new record highs in average asking price in January, though this was off the back of a record low […]

5 Pro Tips for Home Buyers

Whether you are a first-time buyer or an old hand, Stephen Hart of Hometopia.co.nz has some tips that will stand you in good stead during your house hunt. 1 Finance first Don’t even think you are in the market until you have a pre-approved home loan in place This is a highly competitive market. When […]

Central Otago becomes second region to break $800,000 barrier in average asking price

National average asking price falls in December, Auckland and Wellington level off   AUCKLAND, 1 January 2016 – Central Otago joins Auckland as one of only two regions in the country where average asking prices of homes for sale now exceed $800,000, according to data from Realestate.co.nz, New Zealand’s largest website dedicated only to property.  Vanessa […]

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Real Estate Blogs

Big year ahead for Christchurch rebuild

agent profile image Radio New Zealand reports: Insurers are on track to settle the vast majority of Canterbury earthquake claims by the end of this year, the Insurance Council says. Figures released by the council show that nearly $16.7 billion had been paid out by December 2015. That figure included 139,858 domestic claims, to a total of $7.8 […]

Auckland Property Choice In January Lowest In  20 Years

agent profile image Auckland residential property sales in January were solid, with no clear direction emerging as to market trends for the remainder of the summer months. “January activity was the normal mix of ups and downs that occur in the first month’s trading,” said Peter Thompson, Managing Director of Barfoot and Thompson. “This year sales numbers were […]

Aucklanders Are Coming!

agent profile image We started to see people from Auckland actually moving to Feilding and buying property about mid way through 2015. Prior to this we were aware that they were looking at our real estate websites in dramatically increased numbers. They are now arriving in a steady trickle, and we welcome them. We are seeing 3 categories: […]

Team Griff’s predictions for 2016

agent profile image Welcome to 2016! After a well-earned break, we’re pleased to report that Team Griff has hit the deck running, having held its first two auctions for the year and taking on a number of new listings. We’re excited for what the year ahead may hold and are ready to assist you with your real estate […]

January Update

agent profile image Sales volumes compared to December 2014 rose 30%, with sales in Rotorua rising 78%. Compared to November sales across the region fell 8%, although on a seasonally adjusted basis sales rose 0.3%. Sales rose 3% in Tauranga and 1% in Mt Maunganui/Papamoa, but fell across the rest of the region. The median price across the […]

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