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Newsroom , Real Estate Insights
Despite rising interest rates, more Wellingtonians are looking to buy their first homes | Wellington Market Update | April 2023
“I think one of the most positive things we have seen over the summer in terms of real estate is the number of first-home buyers that have returned to the market,” Tommy's Director Nicki Cruickshank says.
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Will the Reserve Bank raising the Official Cash Rate this month and in April set back the housing market just as it’s starting to stabilise in Wellington? | Wellington Market Update | February 2023
At one stage it was feared the OCR would jump .75 points because of Reserve Bank fears about the rate of inflation. But economists now think it will be closer to .50 points.
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What does the new year hold for the housing market after the turbulence of 2022? | Wellington Market Update | January 2023
“My only new year’s resolution is that we return to what we call a ‘normal housing mar-ket’, where people can transact without fear of missing out or fear of paying too much,” Tommy’s Real Estate Sales Director Nicki Cruickshank says.
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With Christmas so close, activity will be up | Wellington Market Update | December 2022
Is this the season to sell your house? “With Christmas so close, there is usually good activity for houses already on the mar-ket,” Tommy’s Real Estate Sales director Nicki Cruickshank says.
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Buyers can look for a more stable 12 months | Wellington Market Update | Presented by Tommy’s | November 2022
A year on from when the real estate market started to turn from boom to gloom, buyers and sellers can look forward to a more stable 12 months. That’s the view of Tommy’s Real Estate Sales Director Nicki Cruickshank.
Read moreTo tree or not to tree? Urban landscaping with native rākau
There’s a lot of myth-busting to be done around the suitability of native trees for the urban garden. While you may not want a pōhutukawa or pūriri overtaking your new property, there are many native trees and plants that might be suitable for your section—and just as with any landscaping decision, it’s about exploring the options.
Read moreBig wins for community-minded Tommy’s at the REINZ Awards 2022
Wellington’s most awarded real estate agency also is one of the country’s most community-minded. This week Tommy’s Real Estate won two of the country’s biggest Real Estate Institute of NZ awards and was a finalist for the Marketing Community Award. The Wellington City agency won in the REINZ Large Residential Office of the Year – Volume and the REINZ Large Residential Office of the Year categories.
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