A market that looks flat on paper can still be falling in real terms. New Zealand house prices have held inside a narrow band for three years while inflation has quietly widened the gap between nominal and real value.
Since New Zealand’s international buyer ban was updated, Ray White New Zealand has seen limited activity from international buyers, with 91 per cent of sales over $5 million going to New Zealand residents.
The Reserve Bank of New Zealand has raised the Official Cash Rate by 25 basis points to 2.50 per cent.
A historical beachfront home on the sought-after Sumner Esplanade has hit the market for the first time in more than three decades.
Ray White Mt Eden is proudly celebrating its 10-year anniversary, marking a decade of market leadership, innovation, and unwavering client commitment under the guidance of business owner Jared Cooksley.
Parking rates are one of the more honest indicators of CBD vibrancy. Across New Zealand's three largest centres they are now moving in different directions, and the reasons sit outside the parking market itself.
Buyers remained highly active at Ray White A T Realty's latest Game Day auction event, with 598 bids placed across eight hours of auctions and active bidding recorded on 97 per cent of properties called.
Australian investors have not had a strong reason to look across the Tasman for some time. The Federal Budget and New Zealand's response have shifted enough variables at once for that to no longer hold.
Budget 2026 has landed, and for the housing market, the story is less about what was announced and more about what it means for the conditions shaping property decisions over the next year.
The Reserve Bank of New Zealand has held the Official Cash Rate at 2.25 per cent.
AUTUMN MARKETPLACE UPDATE Written by Chris Gemmell, AREINZ Whilst we are all hurting at the pump and living costs are rising, you will be pleased to hear that the inland North Shore residential market continues to tick over. Not racing away by any means, but sales are happening if vendors’ asking prices are real and … […]
4th May 2023. Picking exactly where we are in the economic and property cycle is always a challenge. Historically, a complete circumnavigation of the clock below can be 8 – 10 years, depending on the location, type of property, economic factors, and demand and supply. Where do you … […]
At a point in time that we reflect, following two of the most major weather events to occur in Auckland and NZ ‘s history, I thought that a blog on house and/or commercial property insurance is worthwhile reading. Clearly, under-insurance is a significant issue that can have serious financial consequences for the homeowner. … […]
Popular school zones are considered a big driver of house prices, but it is hard to pinpoint exactly how much additional value is due to the zone alone, experts say. While no-one doubts the positive impact a good school zone can have on an area, new CoreLogic figures suggest price rises across a zone tend … […]
What you need to know Patiently awaited, the latest Government Valuations have been recently released in the last fortnight, being the first review in over 4 years. Normally a 3 yearly cycle, all the G.V’s have been delayed due to Covid-19 and should have been updated as of 1st June 2020. This has meant that … […]
New Government Valuations ‘1st time in 4 years’! New Government Valuations released in December. Government Valuations (G.V.’s) are released on a normal 3 yearly cycle, with the last computer-based mass appraisal completed having an effective date of 1st July 2017. Over 4 years ago. Last year the Valuer General would … […]
Who would have thought that I would be writing this market insights blog two weeks into a COVID-19 Level 4 lockdown ! Looking around the world, no matter what your political leaning is, thank goodness we are not experiencing the extent of Delta outbreak that many other countries are fighting. Leading into the lockdown, the … […]
Here at Lochore’s Real Estate, we’ve been operating as real estate agents in the lower North Shore for decades, so we’ve seen a lot of people take their first step into home ownership over the years. We understand; it’s a big decision, involving a complicated marketplace, and what’s likely to be the biggest transaction of … […]
The New Zealand government recently passed the biggest changes in Tenancy legislation in 35 years, outlined in the Residential Tenancies Amendment Act 2020. Here at Lochore’s Real Estate, we keep up to date with all things residential property and care about our clients’ investments, which is why our Auckland property management professionals and real estate … […]
Any improvements to your house that cost less than the value they add are worth the money, but which improvements yield the best returns? As one of North Shore’s leading real estate companies, we here at Lochore’s understand the factors that are likely to optimise the value of your home. If you want to ensure … […]