Author Archives: Tommys Real Estate
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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
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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Newsroom , Real Estate Insights
Wellington’s housing market is expected to pick up post-election | Wellington Market Update | November 2023
Wellington’s housing market is expected to pick up post-election as buyers and sellers get to grips with new government policies that may help to stimulate activity.
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Newsroom , Real Estate Insights
A surge in house listings is expected after Saturday’s general election, no matter who wins | Wellington Market Update | October 2023
“At Tommy’s, we are seeing more activity across the board. Low stock levels-and-increased demand is the story of the current market.”
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Newsroom , Real Estate Insights
Is Wellington seeing a property market resurgence?
The Wellington property market is struggling to keep up with demand thanks to an over-representation of house-hunters and an under-supply of housing stock, indicating a possible market resurgence ahead of the rest of the country.
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Newsroom , Real Estate Insights
Wellington homes are receiving multiple offers and selling in shorter timeframes | Wellington Market Update | September 2023
“At Tommy’s, we are seeing more activity across the board. Low stock levels-and-increased demand is the story of the current market.”
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Newsroom , Real Estate Insights
The Wellington housing market is shrugging off the winter blues as renewed confidence makes it a good time to both buy and sell | Wellington Market Update | June 2023
‘The Wellington winter housing market is shaping up to be similar to what we would expect to see in terms of listing numbers,” Tommy’s Sales Director Tim Clark says.
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