Market Update, 28th May 2020
With LVRs (Loan to Value Ratios) now gone and interest rates continuing to trickle down it really is a wonderful time for buyers to become homeowners. The market is returning to normal activity post Covid-19 restrictions, as people's circumstances evolve. Our expectation is that market values will be robust on the back of low-interest rates, fuelling both the purchaser's ability to buy and the seller's capacity to hold. Despite level 2 we continue to field solid enquiry and buyer interest. Inspections, offers and sales are all on the increase as we move into the new normal. There is no reason to be fearful about going to the market. What we read and hear about the market place, redundancies and business closures is not stopping people from getting on with their lives. As to market values in the areas we service, this very much depends on the type of property you are selling i.e. the demand for it, based on its amenity value and condition. In short, to apply an arbitrary comment is not appropriate, as every property/situation is different. What we can say is that from the start of lockdown until now, there is little evidence of any significant drop in values.
Share your New Zealand music memories...
It's NZ Music Month and New Zealand really has some beautiful songs from artists that we call our own.
Whether it's April Sun in Cuba, Don't Forget your Roots, or How Bizarre or Bic Runga's 'Sway' - songs have a way of unlocking memories and evoking old feelings.
In honour of NZ Music Month, share a New Zealand song or artist that is special to you and explain why.
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The Tova Show
Hello! Are you a …
- A student/young professional renting
- A young family, renting or owning
- An older New Zealander/retiree/pensioner
We’re reaching out from the Tova show, the flagship weekly politics podcast on Stuff, as we prepare for our budget coverage and how it’s affecting Kiwis - we’d love to hear from you.
We need a few people who are available the week before the budget (Wednesday 22nd/Thursday 23rd May) and on the day of the announcement (Thursday 30th May).
Please email tova@stuff.co.nz or comment below if you’d like to share your perspective with us. We give you our commitment to treat your experience with sensitivity and care.
Type NFP if you don't wish your comments to be used.
Gifts for Mum
Find all sorts of gifts for all kinds of Mums here at the Red Cross Shop Sandringham 🥰
571 Sandringham Road.
Monday- Friday: 9am to 5pm
Saturday: 10am to 4pm
Sunday: Closed