How Did The Auckland Property Market Perform In 2023 Well, it’s hard to believe we are at the end of another year in the Auckland property market. 2024 will mark our 14th year in the industry and we are very grateful to have lasted so long in such a turbulent industry. And this past year has certainly been turbulent! Check out our summary below. Auckland…
Posts Taggedproperty market
We Are In a Recession. So Where To Now For The Property Market?
We Are In a Recession. So Where To Now For The Property Market? Well, it’s pretty strange out there in the property market! Interest rates have jumped, then fallen, then risen again. Home sales have slumped, but inventory remains sparse — and home prices might even be rising again (more coming on that). Inflation was under control, until it wasn’t, though maybe it is again….
Why Should You Invest in New Zealand Property
Why Should You Invest in New Zealand Property? Investing in property has long been considered a reliable strategy for wealth accumulation and retirement planning, so why should you invest in New Zealand property? When it comes to property investment, New Zealand stands out as an attractive destination. With its stable economy, strong legal framework, and growing population, New Zealand offers numerous advantages for long-term gains…
Highest First-Quarter Fall in 15 Years For Auckland Property Market.
Highest First-Quarter Fall in 15 Years For Auckland Property Market. Well, the media talk in late March and early April has all been about how Auckland property market house prices are continuing to ‘plunge’, and in fact March did see the highest first-quarter fall in more than 15 years: Auckland (-5.2%), Hamilton (-5.2%), and Wellington (-4.8%) led the decline. What the media is telling us…
What Do People Mean When They Talk About “The Property Market”?
What Do People Mean When They Talk About “The Property Market”? The weather in February really hit the property market with historically low sales for the month, in fact the lowest number of sales in a February in over 25 years, and 38% down on last February! Of course the media has had a field day with these statistics, which brings me to: What do…