REAL ESTATE – MARKET AND STATISTICS

In February 2012 REINZ reported 6,632 dwellings sold around New Zealand which was a rise of 7.5% from a year earlier and rough seasonally adjusted change near zero. Sales growth appears to be plateauing. Prices are rising, however the rise in the past three months has been 0.7% from a 2.8% rise three months ago, […]

WHERE DO THE BUYERS COME FROM?

Residential Market Survey under taken by REINZ this week, confirms the results of the survey under taken by First National Real Estate last month. The results for the first time ever in this country give us some good insight into really basic things like the proportion of house sales that are to first home buyers […]

WHAT DOES AN AGENT HAVE THAT I DON’T?

The simple answer to one of the most commonly asked questions in the property market – “Why should I use a real estate agent to buy, sell or manage my property?” – is because it makes financial, legal and common sense to do so. It may seem tempting to keep commission dollars in home owner […]

NEW ZEALAND ECONOMY

The result of Tony Alexander’s BNZ Business Confidence survey reveals a net 41% feeling optimistic about the economy in the coming year tells us two things. First, things look good with respect to growth in job numbers and business investment Tony Alexander also recognises that “drought always hits our economy and it will be one […]

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