Selling Wellington Real Estate 
NZ’s latest Pain and Gain results are out, and once again we’ve seen large gross profits being made by resellers and minimal gross losses. Almost 96% of all NZ properties sold during 1 July 2018 – 30 September 2018 enjoyed a re-sale gross profit, for a total resale gain of $3Billion – a median gain […]
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The relevance of CVs (Capital Values) also known as RVs (Rateable Valuations) have been questioned recently. It’s not the first time and I’m sure it won’t be the last, but the one thing I think we have to come back to is that CVs are a great anchor point for market value and, either consciously or […]
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According to the October CoreLogic QV House Price Index, property values in Wellington City grew by 3.9% over the last three months. This takes the annual rate of capital gain in Wellington City to 9.6% and illustrates a similar trend to the rebound seen last spring, when the annual rate was a slightly higher 10.0%, […]
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18 Oct 2018 Prospective home buyers are facing record property prices in Wellington after the average asking price climbed 12.3 per cent on last year to reach $593,250 according to the latest Trade Me Property Price Index. Head of Trade Me Property Nigel Jeffries said the Wellington property market isn’t showing any sign of slowing down. […]
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A deluge of new listings in Auckland, Southland, Wellington & Northland, as well as a national all-time high average asking price since records began in 2007 and all-time highs in six regions. New Zealanders are right back into the housing market, with new property listings significantly up on realestate.co.nz, the country’s largest site for residential […]
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The traditional spring bounce for new property listings has begun, and it’s no surprise that those parts of NZ with already high stock levels (e.g. Auckland) are experiencing softer property value growth. Affordability pressures for buyers is just one factor indicating that the rise in listings over spring and into summer won’t be any bigger […]
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This, from the latest CoreLogic Pain & Gain Report, an analysis of homes resold over the June Quarter (between 1 April 2018 and 30 June 2018). The report compares the most recent sale price to the home’s previous sale price, determining whether the property resold at a gross profit or gross loss. It provides a […]
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The winter chill has impacted real estate sales volumes across the country in June but has done little to halt price rises in most regions, according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data in New Zealand. In June the […]
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When it comes to selling your home, it’s important to understand your financial position. Knowing the value of your home will enable you to gauge what you can afford, and what you can borrow. Join Jane in ‘Home Straight’, our free video series for Kiwi home owners. Having recently sold her own home, Jane will take […]
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18 June 2018 Some of the main centres have seen small falls in property values over the past few months, but there’s no reason to think that these drops will become more significant or sustained. Since February, five of the six main centres have seen property values fall in at least two individual months. In […]
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