Category Archives: Real Estate Insights
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Real Estate Insights , Wellington
Wellington Real Estate Market Update – March 2021
MARKET COMMENT AS AT 15th March 2021 The latest statistical information released by the Real Estate Institute of NZ (REINZ) confirms Tommy’s analysis that the market is still moving at pace and that sales are being recorded at unprecedented prices and in record breaking numbers.
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Wellington Real Estate Market Update – February 2021
MARKET COMMENT AS AT 24th FEBRUARY 2021 The Real Estate Institute of New Zealand (REINZ) report that despite most New Zealanders taking a summer holiday in January, the housing market was busier and more buoyant than we would usually see at this time of the year. In most areas, house prices have continued to rise, [...]
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So…what does the immediate future hold for us?
Look back at the past and it will be very evident that – as we have often stated – the real estate market is cyclical. There have been times when prices have risen, there have been other times when prices have steadied or even dropped, but overall the owners of property who purchased for the [...]
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Lack of properties for sale is putting pressure on house prices and speeding up sales.
It has all been said before, but every day it seems the media reminds us of the explosive real estate market we are operating in. Record after record of sales numbers, house prices and the time is taken to sell are broken and there is a constant reminder that first homeownership is fast becoming a [...]
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Wellington Real Estate Market Update – January 4th 2021
MARKET COMMENT AS AT 4th JANUARY 2021 Real Estate news dominated the media during 2020 as against early predictions, prices throughout the country reached unprecedented highs. Records were shattered in most regions for the number and value of sales and for the reduced average time that residential property was taking to sell. Receiving multiple offers [...]
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