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Latest News on the Property Market
Buyer demand skyrocketing
Buyer demand has continued to skyrocket as the property market heads for a busy winter, according to the latest Trade Me Property Index. The Trade Me Property revealed that onsite activity increased by 11% in May 2020 compared to April 2020 and 69% compared to May...
New Christchurch pool set for construction
The Linwood and Woolston community will celebrate the start of construction on the eagerly-awaited Te Pou Toetoe: Linwood Pool with a sod-turning ceremony on Wednesday. The shovels will be wielded by members of the Linwood-Central-Heathcote Community Board community...
64,000 people have come into NZ since lockdown
Immigration New Zealand border manager Nicola Hogg said. Immigration NZ confirmed the total number of entries since lockdown as about 64,000. Stuff has earlier reported border exemptions included Avatar film workers and a mushroom expert while those initially not...
New Zealand property market looking positive post-COVID
Despite predictions of massive falls in house prices across the country, the median house price increased during the month of May. According to real estate expert, Mike Pero, things are looking "very positive" for the property market in the months to come. Pero, whose...
Property of the week
Here's a sneak peek at what's on our watchlist today 180C Colombo St, Beckenham Price Enquiries over $509,000 Bedrooms 3 bedrooms Bathrooms 2 bathroom Property type Townhouse Floor area 153m² Land area 251m² Parking Double garage This is a low maintenance...
I will sell you a house for $288k – What’s wrong with our housing supply, in the words of a supplier.
When did building a house become so inefficient? As the owner of a small property development business, I've subdivided land, and built houses to sell for under $400,000, so I've seen who is making all the money from the people who buy these "low cost" houses. It's...
Here’s why the economic hit of Covid-19 might not be as bad as everyone thought
Too often people choose to focus on the negatives and forget that often the groups affected by new factors are small, and their actions are not replicated across the entire economy or population. Employment is one of these things. People are clearly losing jobs as a...
NZ on track for a ‘V-shaped’ recovery
New Zealand may be on track for a ‘V-shaped’ recovery as the downturn looks likely to fall on the “moderate end of expectations,” according to Westpac economists. In its weekly commentary, Westpac says that some key economic indicators have performed better than...
Sales, prices surge up – defying expectations
According to the latest REINZ data, median house prices nationwide were up by 9.2% to $639,000 in June, as compared to $585,000 in June 2019. They were also up by 3.1% from $620,000 in May 2020. Likewise, Auckland’s median house prices increased by 9.2% year-on-year...
Keen to get started?
Join our team for a drink and some beginners advice at our next Christchurch seminar! Tickets start from $20, which includins food & beverage for you throughout the event!

