Monthly Market Update
Read about what's happening in the local property market around the Coromandel Peninsula and Hauraki Plains. If you want to find out more about property in a specific area search our list of properties for sale or speak to a salesperson.
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October 2023 Market Update3 November 2023New Zealand’s housing market downturn, marked by a significant drop in average prices from their late 2021 peaks, appears to have come to an end. |
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September 2023 Market Update29 September 2023Political opinion polls are suggesting a firm chance of a change in government mid-October which should see the return of expense deductibility by mid-2026. Because surveys and various other data sources showed a large withdrawal of investors as buyers when the tax rules changed in March 2021, it is reasonable to expect that changing the rules back will see investment buyers return. |
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August 2023 Market Update1 September 2023The real estate market in Auckland, Wellington, and Christchurch is displaying signs of recovery, with the latest figures from the OneRoof-Valocity House Value Index showing house prices in these major New Zealand cities witnessing their first quarterly upturn in over a year.
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July 2023 Market Update4 August 2023A sense of 'cautious confidence' as prices remain stable. An increasing number of Kiwis are shedding their hesitation and exploring open homes, indicating a rise in confidence within the New Zealand property market. More info...
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Rural Report24 July 2023Rural properties in New Zealand encompass a wide range of agricultural and farming land, including dairy farms, livestock farms, horticultural properties, forestry, and more. |
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June 2023 Market Update4 July 2023What a difference a month can make. Last month we spoke of ‘cautious optimism/less pessimism’ following the boost of the OCR reaching its peak and the loosening of bank LVR requirements. |
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May 2023 Market Update4 June 2023It's been a bit of a rollercoaster for the global economy, but we have noticed an increase in optimism across the board over the last couple of weeks. |
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April 2023 Market Update4 May 2023Speaking to our branches around the Peninsula and Hauraki Plains the tone is cautiously optimistic. At least while the sun is shining! |
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March 2023 Market Update17 April 2023Heading into Autumn after a summer that NO-ONE anticipated, we spoke to our branches around the Peninsula and Hauraki Plains to discuss movements within the property market over the first quarter of 2023. |
