ARCHIVES 2023

 

October tile

 

October

New 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. The national House Price Index, considered a reliable measure of price change, has shown its first increase since March 2022, rising by 0.4% last month - click here

Monthly Report - Sept 2023

 

September

Political 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 - click here

August 2023 Tile 

 

August

The 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 - click here

July 2023 

 

July

A 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 - click here

Rural Report 2023 

 

Rural Round-up

Rural properties in New Zealand encompass a wide range of agricultural and farming land, including dairy farms, livestock farms, horticultural properties, forestry, and more - click here

Market Update - June  

 

June

What 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 - click here

May 2023 

 

May

It'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 - click here

 April 2023

 

April

Speaking to our branches around the Peninsula and Hauraki Plains the tone is cautiously optimistic. At least while the sun is shining! - click here

March Update 

March

Heading 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 - click here