Seasonally adjusted data shows that house sales have risen again by around 8% in the past three months, and this has been led by Auckland, along with Wellington and Christchurch. But sales isn't the only thing that's grown — the recent immigration boom has added extra pressure to Auckland's housing stock. Will falling new-house construction in a time of strong population growth result in property shortages in 2024?
On average over the past decade there have been around 81,000 dwellings sold each year all around New Zealand, but the way things are tracking we look set to see a fall to around 65,000 within the coming year. How will we know when things are going to turn around?
Now that we are experiencing lockdown again, can we expect the same things to happen in the residential real estate market and economy as last time? No. There are some key differences between this situation and that of March 2020.
I’ve recently written a blog post on how to buy in a soft market. This one is the opposite, for those of you selling. Let's talk agents, strategy and tactics to get you the best outcome.
Squirrel loves helping people into new homes and noticed the challenges with getting things done when it comes to buying and selling. With this in mind, the Homeowner’s Personal Loan was created. The big idea is a simple, online no-fee personal loan designed for homeowners, that can be used to cover selling costs, small renovations, or a quick do-up when buying.