As we all know, the rampant market of the last year or two has been kind to homeowners, many of whom have accrued considerable financial gains simply because they happened to own a property during these unprecedented times.
We doubt that anyone could have predicted the huge increase in residential property prices that we have witnessed in the last two years or so. Neither our learned economists nor real estate market commentators nor those of us employed in the industry
The soon-to-open Transmission Gully is driving up the value of Kapiti Coast properties. The Real Estate Institute of New Zealand reports the median price of a house in the district jumped 39 percent year-on-year, from $647,500 in May 2020 to $900,000 – which was just shy of April’s recording-breaking $930,000.
One of New Zealand’s most successful developers has teamed with award-winning architects to create a versatile townhouse showcase in the heart of Paraparaumu. FourKapiti, at 4 Kapiti Rd, will comprise 78 freehold townhouses within easy reach of everything that makes the Kapiti Coast community such a sought after place to live. Due for completion in [...]
They say that all publicity is good publicity but is that correct? Sadly, real estate agents do not always receive the accolades that go hand in hand with good service, yet any industry indiscretions are seized upon as being newsworthy by the media. From our perspective, media coverage is not always balanced, and the reality [...]
The last 12 months or so has been unique in the world of New Zealand real estate. A time when we have witnessed changes that most of us could not have foreseen. Record prices have been recorded in every town, city and province, the time taken to sell has reduced from months to days, or [...]
The low number of houses for sale in Wellington is keeping prices high as temperatures drop. “The Wellington market is heading into the seasonal ‘slow down’ we always get in winter but there is still high demand,” Tommy’s Real Estate sales director Nicki Cruickshank says.
Most people working in a management or a supervisory role or in human resources will agree that recognising and acknowledging outstanding performance in the workplace is of the utmost importance. Some may say that workers are adequately rewarded on pay day but there is ample evidence to say that top performers will make an even [...]
MARKET COMMENT AS AT 21st MAY 2021 Tommy’s best gauge of market trends is based on our own sales figures which continue to tell us that demand for good property remains strong. Currently, there is little evidence of prices falling although the Government remain confident that changes made recently to the Brightline Test and to [...]
The biggest misconception about going waste-free is the cost. If you follow the waste hierarchy, you will save money in the long run. The waste hierarchy encourages people to prioritise reducing and reusing over recycling, recovering and disposing of.