Author Archives: Tommys Real Estate
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Historic wins – the icing on Tommy’s birthday cake | REINZ Awards 2024
For the first time, we won the Real Estate Institute’s Community Service Award (Small) and Sustainability Award as well as the Individual Residential Salesperson of the Year (Sam Newble). “To win an award at any time is very humbling and to be recognised for the support in the community is very, very special,” Tommy’s chief executive Ben Castle says.
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Newsroom , Real Estate Insights
How policy changes could impact Wellington’s housing market | Wellington Market Update | July 2024
These policy changes are designed to stimulate the housing market by encouraging more activity from both buyers and investors. They aim to inject momentum into a market that has faced its share of challenges. However, it's crucial to acknowledge the counteracting forces at play. High interest rates, for instance, significantly influence borrowing costs and affordability.
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Newsroom , Real Estate Insights
The housing market remains dynamic and diverse despite the onset of winter | Wellington Market Update | June 2024
While it’s true that some segments may experience a seasonal dip, we’re also seeing pockets of robust activity where some properties are attracting multiple offers. Listings remain strong in certain areas, especially those where demand continues to outstrip supply.
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Newsroom , Real Estate Insights
Go-getting Tommy’s unstoppable at 25
At Tommy’s, we always continue to learn, continue to grow, and will always strive to support our community and deliver success to our customers and clients – that will never change and we are looking to lead the Wellington market for the next 25 years.
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Newsroom , Real Estate Insights
Prices have stabilised, and activity levels are up | Wellington Market Update | May 2024
“Buyer sentiment is improving, and properties priced right are selling swiftly, indicating a well-balanced market."
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Newsroom , Real Estate Insights
Wellington house prices are slowly “bouncing back” | Wellington Market Update | April 2024
The latest QV House Price Index report shows Wellington was second only to Queenstown for house price growth in the first quarter of 2024.
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Newsroom , Real Estate Insights
A huge upsurge in houses for sale in Wellington | Wellington Market Update | March 2024
There is plenty of choice for buyers right now and sellers need to make sure they put their best foot forward to capture the buyers’ attention.
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Newsroom , Real Estate Insights
More houses for sale, the prospect of lower interest rates, and the likelihood of improved capital gain | Wellington Market Update | February 2024
“Prices have settled into their new normal, lots of new stock is coming to the market and increased buyer activity is resulting in multi-offers."
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Newsroom , Real Estate Insights
Buy now if you can! | Wellington Market Update | January 2024
“We have sold more this year than we did at the start of January last year, which is a continuation of the trend from the last couple of quarters of 2023.”
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Don’t worry, we’re still in the office! 2023-2024
For any enquiries over the Christmas and New Year Period.
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Newsroom , Real Estate Insights
It looks like being a happy new year for the Wellington housing market | Wellington Market Update | December 2023
Tim anticipates the “positive momentum” in the Wellington real estate market will continue in 2024. “While predicting market dynamics can be challenging, we foresee a continued, steady growth in property prices, a healthier balance of new listings, and sustained demand.”
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