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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Installing a brand new bathroom is a great way to prepare your house for sale and achieve the maximum possible sale price. Brand new bathrooms and kitchens have the most impact on buyers during inspections, and they will certainly set your home apart from most of the properties currently for sale in the neighbourhood. Planning…
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Believe it or not, the humble laundry is emerging as an influential part of the home for today’s buyers and renovators. Upstaged by new kitchens and bathrooms, many buyers rarely gave a thought to the laundry beyond its practical function. Until now. New interior designs and increasingly sophisticated washing machines have put the laundry at…
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When you’re thinking about placing your home on the market, one of the first thoughts is whether you need to renovate before selling or how much work you really need to do to get your home ready. Nobody likes leaving money on the table, and it would be a crying shame if you failed to…
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