While the general thinking may be that spring or summer is the best time to sell your home, think again. If you talk to seasoned agents, they will argue emphatically that winter is their busiest time of the year. And, in 2023, when there’s an election in October that will interrupt the traditional spring selling
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As the property market continues slow progress, the Government and Reserve Bank (RBNZ), content that there is more financial stability after restrictions, are making moves that will likely encourage more buyers into the market. This month’s HomesEstimate report shows that change could be afoot, with both Auckland and Wellington showing slight price increases compared with
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Trade Me has released its annual State of the Nation report surveying 2,198 Kiwi who searched for a property, job or vehicle on Trade Me in 2022. The report produced some encouraging results that contrast with the current, somewhat pessimistic, view of the property market voiced in the media. 1. People still want to buy
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During the Covid-19 pandemic, we saw the Reserve Bank lower the OCR to help alleviate some of the inevitable pain felt by homeowners and businesses struggling to service their debt. During this time, we saw interest rates plunge to record lows of around 2% – and this had a knock on effect that saw more
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Property experts and agency heads give insight into the 2023 market, and it’s a more positive outlook than you might expect. If you are looking to sell this year though, there are many macro factors at play, so we’ve gathered advice on the best time to hit the market. What can we expect to see
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Summer is well and truly upon us, and if you’re thinking about putting your house on the market in 2023- we’re here to help set the wheels in motion. To start you off, here are six simple steps to get your house sale-ready: Make necessary repairs – Before putting your house on the market, address
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Renovating vs relocating. It’s an extremely common quandary for homeowners. Do you stay put and renovate or do you move on, and find something new that will better to your needs in the coming years? Points to ponder when choosing between renovating or relocating: How much do I love my current location? How long do
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Our quarterly Property Pulse Report reveals how confident Kiwi buyers and homeowners are in the property market, their main concerns as well as their intentions for the future. Together with Trade Me, we surveyed over 5,000 homeowners and 900 buyers across New Zealand. Here are the key insights for Q3: Most homeowners and buyers think
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House prices are down and supply is starting to surge across much of the country. If you’re looking to get into a property or to upsize, now could be a great time to do so. But, it would be wise to first ensure you are mortgage-savvy. We’ve enlisted the help of mortgage expert Murray Joiner,
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Not so long ago, ‘millionaires’ were few and far between. Now, here in 2022, it’s a concept common among the middle class – and it’s causing a growing divide. Dot Loves Data used homes.co.nz figures to analyse the sales price estimate of 1.64m New Zealand homes. Of these, 800,000 were shown to be worth over
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