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Real Estate Insights

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 […]

Average asking price reaches record $732,240 in Auckland

Auckland home sellers want more for their homes than ever before, In June, the average asking price for homes in Auckland reached an all-time record of $732,240 (Seasonally Adjusted). This represents a significant increase from the previous record of $685,426 set in April. The record asking price in Auckland drove the national average asking price […]

Asking price of homes remained at record levels during May

The average asking price of homes remains at record levels, not only in Auckland but across the country. The national average asking price of house sellers in May was $483,524, only marginally below the all time record set in March of $484,263. In Auckland, the average asking price was $685,246, practically the same as the […]

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Real Estate Blogs

Home Loan Affordability – Up or Down?

agent profile image The Roost Home Loan Affordability Series produces a “Standard” report and a “First Home Buyer” report. These comments relate to the “Standard” report. It is generally agreed that 40% is the maximum of one median income that is affordable to pay the mortgage on a median priced house. Feilding is not assessed separately. New Zealand […]

Reserve Bank of New Zealand makes a serious statement…

agent profile image ….and you know what….for once they don’t seem to be happy about the level of the NZD, in its current incantation! Oh wow seriously guys….. Anyway if you’re interested the statement is here… and just in case you are wondering what Google are sayin’ (as at 9pm anyway) about this event which was “all over” […]

Our top 10 Rental Investment tips

agent profile image 1. Keep wall and carpet colours neutral. Classic neutral tones and colours tend to appeal to a wider audience. 2. Install smoke alarms. There are excellent low cost, long life battery operated smoke alarms that can be installed at very reasonable prices. One smoke alarm could save a life. 3. Work with your property manager […]

Our top 10 Investor Tips

agent profile image 1. Keep wall and carpet colours neutral. Classic neutral tones and colours tend to appeal to a wider audience. 2. Install smoke alarms. There are excellent low cost, long life battery operated smoke alarms that can be installed at very reasonable prices. One smoke alarm could save a life. 3. Work with your property manager […]

2 Things

agent profile image Well the election is over and regardless of who you wanted to win, we have a clear outcome. We all know where we stand, which is good. We can all get on with our lives knowing that we have a stable Government. I expect a good flurry of real estate activity between now and Christmas, […]

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