Property sales are 40% down from a year ago, and days on market (DOM) is up 13 days. Property prices have fallen 9.5% from their peak in November 2021 and the number of listings is up by 104%. This profound weakness in the residential property sector has not come about because of a wave of … Read more
Independent economist, Tony Alexander, provides an update on the housing cycle and discusses where it is likely heading. New Zealand’s housing market is weak and getting weaker. The number of sales in June was down 38% from a year earlier. The average number of days taken to sell a dwelling was 13 longer than a … Read more
Good for the planet, your tenants, and your pocket. Making energy-efficient choices to heat your home this winter just got easier with ANZ’s new Good Energy Home Loan top-up. ANZ is committed to helping you make your property warmer, drier and more energy efficient by offering a top-up of your ANZ home loan at a … Read more
Independent economist, Tony Alexander, provides a market update – discussing the implications for landlords and their ability to find good tenants. As an economist, I don’t have all that much interest in the structure of the housing market. What I am interested in is how things are changing. These changes are what we need to … Read more
Independent Economist, Tony Alexander, presents a market update on New Zealand’s economy and the housing market. This is about as bad as it gets. Nothing seems to be going right for the economy, households and businesses. The pressures keep growing. Another hit for the market, the Reserve Bank is set to raise interest rates another … Read more
Routine property inspections are beneficial for both landlords and tenants. From a landlord’s perspective, conducting routine property inspections is essential to protect your investment. They allow you to visit the property and check that everything is in working order, there is no damage to the property and that the tenants have been keeping things reasonably … Read more
Independent economist, Tony Alexander, discusses the 20 reasons why you should continue to pursue listings. In the latest edition of Tony View, Alexander suggests that keeping an eye on the rapidly rising housing stock and making improvements to purchase prices would be a good idea. Rising construction costs It is getting more and more expensive … Read more
Refinancing (or remortgaging) is a normal part of the homeownership experience, however, it can be a big decision. Kiwis choose to refinance their home loan for a multitude of reasons, including Refinancing could be a great way for you to save thousands on interest and finish paying off your mortgage faster! But how do you … Read more
2021 was a year like no other, and as we enter 2022, it’s clear that this year is going to be very different – for the housing market at least. Average nationwide house prices are likely to flatten out and could even fall in some regions. As evidence continues to demonstrate an absence of soaring … Read more
We’re excited to launch our monthly Q&A mini series ‘Property Talk’ where we answer your questions on everything property management! In our first video, Director Adam Thomson discusses the importance of setting the rental price for your investment. Leave a comment below with your question and we will do our best to incorporate it into … Read more
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