If you’ve been shocked at the increase in the cost of gas and electricity lately, you’re not alone. Utility prices are on the march along with fuel and food, all of which are feeding an inflation rate that has prompted the Reserve Bank of Australia to hike its target cash rate to 0.85% and increase…
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When you’re preparing to sell your home in winter months, don’t relegate your back garden and entertaining area in favour of improvements indoors. You can make your garden appealing with just a few inexpensive touches that will win over prospective buyers despite the falling mercury. Two favourite improvements are the installation of a pizza oven…
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Successful sellers will be adjusting their expectations this winter as we begin to experience a cooling real estate market after a 12-month period of record-breaking prices. Higher inflation and interest rates are starting to temper buyers’ exuberance, but it doesn’t mean selling your property is a bad idea. In fact, it’s probably quite the opposite,…
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Has the property market boom ended? It’s possible with the latest property data showing signs that some of the rocket fuel is out of the market, and concerns about inflation and higher mortgage rates could be having an impact. According to researcher CoreLogic NZ, quarterly property price growth was 3.6% across New Zealand to the…
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Confidence in the future of the property market remains at record levels after two years of world-leading growth in property values, despite a fourth successive mortgage hike. According to Statistics New Zealand, more building consents have been granted in the 12 months to February than ever before. Dwelling consents are up 25% year-on-year with 49,733…
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If you’re worried about the future of our economy and wondering if this is the right time to buy a property, look no further than the skyline for your answer. We have a record 150 cranes erected across New Zealand – a true sign of long-term confidence in the economy and the property sector. More…
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The Reserve Bank of New Zealand (RBNZ) has introduced its fourth consecutive interest rate rise in a dramatic attempt to rein in rapidly rising inflation. The 0.5% increase is designed to try to stop inflation breaking the 7% barrier and potentially stalling the economy. It was the biggest increase in 22 years, taking the Official…
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With the market stronger than ever, there’s never been a better time for buyers to learn the basics of assessing a property’s price before making an offer or attending an auction. Valuation is not a perfect science. You can never tell in a booming market when an auction will perform to expectation or go stellar…
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One of the challenges with preparing your home before a sale is the essential declutter designed to help give prospective buyers the best possible impression of your property. Nothing impacts on a buyer’s perception of room size more than clutter. Not only is it unsightly, it leaves buyers with the impression the room isn’t big…
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The decision to downsize is often emotional, requiring you not only to say goodbye to the family home that holds so many memories but let go of possessions that no longer have a place in your life. Downsizing remains an important option for those approaching later years and looking for less stress. Once the kids…
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