Posted on March 22nd, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
As more and more people seek work in the Queen City, the pressure on rentals remains, not helped by the closure of “leaky house syndrome” apartments and the general slowdown in new home building. Across the country though, vacancy rates are fairly stable and standard for this time of the year although as we’ve said […]
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Posted on March 22nd, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Prices for primary produce has certainly stabilized and in most cases climbed these past couple of months. This is leading to some real enthusiasm amongst the hard hit farm communities throughout NZ The massive and tragic floods in Australia have opened huge markets for all rural producers in NZ, with urgent supply required across the […]
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Posted on March 14th, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
The real estate market is entirely predictable in the way it ebbs and flows across a year and one of those seasonal changes is nigh. Of real value to you right now is that almost right across the country enquiry and buyer interest is higher than it has been for over a year. So, with […]
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Posted on March 9th, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
As more and more people seek work in the Queen City, the pressure on rentals remains, not helped by the closure of “leaky house syndrome” apartments and the general slowdown in new home building. Across the country though, vacancy rates are fairly stable and standard for this time of the year although as we’ve said […]
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Posted on March 7th, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
There’s no doubt about it, the Reserve Bank is holding rates and has strongly indicated it will do so well into the year. Additionally there are many soothsayers predicting that Dr Bolllard will in fact drop the OCR in a week or so’s time in an endeavour to ‘kick start’ the stalling economy. The added […]
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Posted on March 1st, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
We’ve all seen the images on the TV, in the press and heard the stories through National Radio, but our General Manager, John Stewart, who was in the city in the days immediately following the 22nd February catastrophe, reports that nothing can prepare you for the reality on the ground in The Garden City. “Hardened […]
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Posted on February 18th, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
The residential real estate market is continuing the sustained lift First National noted from early December. Right across the country listings, buyer enquiry and sales are noticeably up on any time in 2010. Of real interest to us is the quite massive increase in web enquiry…again, commencing early December, web visits ran at record levels […]
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Posted on February 14th, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
We commented last year that following the collapse of so many finance houses and subsequent Government payouts under the guarantee scheme, mainstream banks quickly became the ‘safe’ resting place for investor funds. Well, the pressure of that money has come through to the market and most banks are now offering incentives to potential mortgage clients […]
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Posted on February 9th, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
As is always the case in downturns, astute developers and end users disappear from the market well in advance of any negative shift in the market or economy but they immediately commence planning for a return! Our commercial network is reporting that this is again the case, with some of the larger national and international […]
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Posted on February 4th, 2011 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
2010 finished with a flourish for those involved in the rural market, with a substantial lift in sales of properties across the landuse spectrum. Of real interest was the return of the private Kiwi buyer …the NZ family farmer, if you will. With most export prices for farm produce holding their own and even growing, […]
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