Residential investment update - Q2 2024
New Zealand’s residential investment market in 60 seconds. Wider residential market starting to recoverIndependent forecasters are typically predicting house prices will rise over 2024. Strong migration and constrained housing supply are likely to continue to drive long-term price growth. Law changes support investorsPolicies put in place by the new government, such as restoring mortgage...
Embracing the mantra of Altogether Better, the southernmost offices united to represent the Bayleys brand at the Southern Field Days 14th to 16th February. This included the teams from Winton, Gore, Invercargill and the Property Management team. A night at The Langland’s in Invercargill was up for grabs to visitors to the site and the attendees were offered complimentary refreshments. On...
It has been a couple of busy months for the team gearing up for the move and rebrand. It has not stopped us from growing and achieving goals as we welcome 6 new owners to our property management service. Move and re-brand complete. Have you seen our new look yet? We are delighted to officially be welcomed to the Altogether Better whānau as we rebrand under the Bayleys banner. We...
Bayleys latest market round-up
Absent is the hiss and the market roar kicking off this fresh new year, with Kiwis cleaning up following wet and wild weather events and widespread uncertainty about where the economy moves next. Despite predictions for a further dampening in demand, homeowners have had plenty of time to adapt to new market conditions as the Reserve Bank of New Zealand (RBNZ) continues its campaign to cool...
Residential investment update - 27th June 2023
New Zealand’s residential investment market in 60 seconds. House prices calm after a massive boost Markets have calmed after 2 years of big gains during the pandemic. Ability to secure financing has been impacted by the CCCFA and overall affordability has been impacted by higher interest rates. Buyers and their funders have become more selective about properties. Law changes target...