New Zealand’s most tightly held areas The supply of housing stock continues to be an issue right across the country. Fewer properties for sale and strong demand for housing are resulting in record prices. With limited supply being a major
Cheapest streets in the most expensive suburbs With property values continuing to increase, there are now 120 “million dollar” suburbs around the country. The majority of these are in Auckland, with 102 suburbs in the city having a median HomesEstimate
Apartments or the family home – what is for sale in your area? I’ve heard a few anecdotes recently about what types of properties are selling. Some are saying that properties priced for first home buyers are being snapped up,
A real estate bounce back For now, at least, we’re seeing the property market pick up strongly since the COVID lockdown on homes.co.nz. Weekly listing volumes on homes.co.nz are approx 40% up on the same time last year. We note
Opportunities for First Home Buyers? When is the best time to get onto the property market? And where should First Home Buyers be looking? As a relatively new homeowner myself, I understand the challenges of getting into the property market.
Will DIY become easier? The Government has announced that it will soon become easier to make property improvements by removing the need for consents for ‘low-risk’ building work. This includes single-story detached buildings up to 30 square metres, such as
Is the impact of property prices falling less than you think? With economists predicting a house price drop of 5-10%, the team at homes.co.nz looked at when house prices were last at these levels. Although a 10% decrease in property
COVID-19: A fall in sales volumes, but will prices hold firm? The team at homes.co.nz recognises this is a very difficult time for all New Zealanders and the most important thing is everyone remains safe in the coming weeks and
What is your favourite era of home? Do you dream of a character villa, or are you more interested in a new build? This month, the team at homes.co.nz have looked at property prices within different housing eras. We categorise
Where did property prices grow the most last decade? It’s now 2020 and we’ve looked back to where property prices were 10 years ago. The top-performing areas are dominated by new developing areas (such as Silverdale outside of Auckland) or
Pay less than $400k in Auckland’s Double Grammar Zone? Christmas has been and gone, and now many parents around the country are looking forward to their kids heading off to school for another year. Although this ‘free’ childcare may be
Have you considered Airbnb? As the home of free property information, homes.co.nz provides estimates of market value (our HomesEstimates), rental value (our Rent Estimates) and much more. Now you can also find the Airbnb Estimate, a short-term rental estimate for
Are there still capital gains to be made from flipping properties? House flipping is a common way to make an extra buck for many New Zealanders. This often involves buying the cheapest house on the street, adding a lick of
How relevant is your Capital Valuation? The Capital Valuation (or CV) for a property is a three-yearly assessment of a property’s value and is used by local councils to help determine the rates for properties in their area. The CVs
Were The Block auction results unexpected? The Block New Zealand 2019 wrapped up on Sunday night leaving the contestants (and most of New Zealand) wanting more at auction. However, were the sale prices less than expected? Large apartments, such as
