Normality seems to return

It seems as though normality is returning with schools back this week after the mid-year break. With this return we have noticed a sharp lift in engagement from home owners wanting to discuss selling in the second half of the year. Interestingly, this is not only coming from owner-occupiers looking to trade up, but also…

Momentum is carrying
the market along

Last Tuesday’s blog post featuring the exciting Pump Track at Grey Lynn Park has imagery that could be said to be a great illustration of the current market. Momentum is carrying the market along at the moment over the ups and downs we have experienced in the last 6 months. New figures released this morning…

Winter Supplies Surprise

When 37 houses is a record — As we are approaching true winter, the level of properties for sale on the market is always of interest. These indicate activity in the market generally. At the moment, in the area we monitor from Kingsland through the inner western city fringe areas of Arch Hill, Ponsonby, Grey…

Mid-Year Reflection

What we’ve seen so far in 2016 — As we approach the middle of the year, a moment of reflection seems called for. So far, 2016 has certainly been interesting. Record low numbers of listings have continued to be the trend. With the better weather extending into Winter, homes are still coming to market although…

Local market snapshot

What’s happening in the Inner Western City Fringe This week has seen a continuation of an active market with sales still strong and a consistent number of new listings coming to the market to keep things balanced. We monitor the number of properties for sale across the inner Western City Fringe. This includes the ring…

Market report

The month started interestingly enough, with the NZ Herald’s Brian Gaynor* summarising some important points made by the International Monetary Fund on their Global Housing Watch website (which covers the world’s housing markets), revealing that: New Zealand ranked eighth of 64 countries in terms of house price appreciation over the past 12 months. In terms…