506 days ago

Wondering Whats Happening in the market ?

Karin from Karin Attwood - The Real Estate Lady

For those of you wondering how the current property market is, here are the Key insights from the Real Estate NZ property report for MAY:

All-time average asking price highs in seven regions suggests that most vendors are still expecting high prices for their properties post lockdown.

Nationally 8,324 new property listings hit the market in May, down 12.0% compared to the same time last year.

Total housing stock decreased by 19.1% on May 2019 to 20,940 homes available on the market.

“May 2020 saw 1.2 million users visit www.realestate.co.nz... conducting over 9.1 million property searches, surpassing the 1.1 million users that visited the site in February 2020. Plus, we also saw the average session duration up last month by 30.0% to 8:29 minutes - two minutes higher than in February,” says Vanessa Taylor, spokesperson for realestate.co.nz.


So.... with buyers searching for new homes, and a limited amount of stock for them to choose from, if you have been thinking about downsizing your rental investment portfolio to free up some cash now could be a good time!

More messages from your neighbours
32 minutes ago

Caring beyond your smile with "Dentist Auckland"

Dentist Auckland NZ, Milford

Welcome to Auckland Family Dental, the leading team of qualified and experienced dentists. Our mission is to provide honest and trustworthy dentistry to the local community. We have NZ qualified dentists who provide professional quality dental services at affordable prices.

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1 hour ago

Aotearoa, it's time to enjoy the sleep you deserve!

Jay from Beds 4 U Glenfield

Dear Neighbours,

Labour Day Bed Sale is now on! Shop our exclusive sale of UP TO 60% OFF WITH FREE LOCAL DELIVERY* on our incredible range of New Zealand made beds and mattresses!

Now that's an offer you don't want to lose, so hurry! Shop online or visit your local Beds4U store to place your order now.

We'd like to take this opportunity to thank everyone for their continued support in helping us get here ?

Check out our limited-time specials online or contact your local Beds4U Store Now!

We have the bed for you @ BEDS4U...
Your Local Sleep Experts

* Use code "LABOURDAY" to avail free delivery on purchases above $599 and valid on shipping rates below $99.

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5 hours ago

What's On: FREE Online STEM Open Day!

Bayley from Huapai - Kumeu

Brain Play is offering an online open-day of exciting science and technology activities! Ages 5 - 15. Coding, Animation, 3D Printing and more! Sign up on our website - https://www.brainplay.co.nz/events
FREE Online STEM Open Day!
  • Online Event