The strong performance of the Sydney property market before the coronavirus crisis struck suggests a resilience in buyer interest that could spur a bounce-back when restrictions are lifted. Data shows values in the Sydney market grew 13% in the year to March on the back of an increase in sales volumes of 25%. Fears for…
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Melbourne property values have entered the coronavirus crisis at record high levels, giving the market confidence that pent-up demand and positive buyer sentiment will return quickly. Property values were up 12% in the year to March 2020, according to the latest research of industry leader CoreLogic. This was powered by sales volumes that were 11.6%…
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New Zealand’s outstanding response to containing the COVID-19 crisis has won global praise and also retained the core strength of our economy. This is never more evident than in the property market, where keen buyer interest continues despite the lockdown and social distancing restrictions. Median prices were up 13.7% to the end of March, and…
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Here are six of the most common questions that property buyers and investors are asking at the moment as we all come to terms with the social and economic impact of the coronavirus. Is it a good time to purchase an investment property? Whenever you can see that the numbers are working for you is…
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The successful lockdown, now at Level 2, has not dissuaded Kiwi home buyers from continuing to search for their ideal property. Local property sites are reporting record traffic as buyers scour the market for great buying opportunities before the crisis ends. With inspections currently suspended by governments, the market might feel quiet, but sellers should…
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Your house will likely be your greatest asset and most significant source of debt. So, in these unsettling times, it’s a smart idea to find out if you have the best mortgage deal. The Reserve Bank has maintained the official cash rate (OCR) at 1% and signalled that it would move it lower to stimulate…
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Video is a great way to help sellers even though open houses and private inspections are back on the agenda after the government implemented Level Two of the coronavirus emergency. If your marketing budget doesn’t stretch to a high-end 3D virtual tour or a professional videographer, then you can produce your own video with a…
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Tenants have been given a helping hand from the government because of the coronavirus, and this has implications for landlords, too. Even though we are now at Level 2, the economic stress for many is still very much part of their lives. Government rules state no tenant can refuse to pay rent unless they are…
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New Zealand’s outstanding response to containing the COVID-19 crisis has won global praise and also retained the core strength of our economy. This is never more evident than in the property market, where keen buyer interest continues despite the lockdown and social distancing restrictions. Median prices were up 13.7% to the end of March, and…
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Even as restrictions around isolation ease, if you’re looking to sell your home, you’ll need to modify your approach with some common-sense steps that take COVID-19 into account. As your agents, we’re happy to discuss the best marketing options for your home in these times. We’re seeing increasing use of 3D or virtual tours, video…
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