Category Archives: Newsroom
Tommy's Lifestyle Blog
View exclusive first look at new properties, read the latest Real Estate industry insights, interior design tips and more!

Why Rateable Values Don’t Always Reflect the True Market Worth of a Home | Wellington Market Update | March 2025
In the ever-evolving world of real estate, one thing remains certain – the rateable value (RV) of a property doesn’t always match up with its true market worth. This has been particularly evident in Wellington, where RVs have seen significant fluctuations, dropping by over 20% in 2021 alone. But according to top agents Alexia Stoddart and Chris Robinson from Tommy’s Real Estate, it’s crucial to not get bogged down by these numbers.
Read more
Choosing the right agent to sell your own home more important than ever | Wellington Market Update | February 2025
With the market on the rise, buyers are taking advantage of the opportunities presented by lower interest rates and a more stable employment environment. As spring progresses, Wellington’s property market looks set for a strong season ahead.
Read more
Wellington real estate market outlook for 2025: stability and moderate growth ahead | Wellington Market Update | January 2025
With the market on the rise, buyers are taking advantage of the opportunities presented by lower interest rates and a more stable employment environment. As spring progresses, Wellington’s property market looks set for a strong season ahead.
Read more
The Reserve Bank’s OCR cut: a boost for first-home buyers and a stable market ahead | Wellington Market Update | December 2024
With the market on the rise, buyers are taking advantage of the opportunities presented by lower interest rates and a more stable employment environment. As spring progresses, Wellington’s property market looks set for a strong season ahead.
Read more
October marks a record month for house sales: Tommy’s Real Estate agents optimistic about the summer market | Wellington Market Update | November 2024
With the market on the rise, buyers are taking advantage of the opportunities presented by lower interest rates and a more stable employment environment. As spring progresses, Wellington’s property market looks set for a strong season ahead.
Read more
Wellington’s housing market heats up: price rises and spring surge spark renewed buyer interest | Wellington Market Update | October 2024
With the market on the rise, buyers are taking advantage of the opportunities presented by lower interest rates and a more stable employment environment. As spring progresses, Wellington’s property market looks set for a strong season ahead.
Read more
Spring resurgence in the housing market | Wellington Market Update | September 2024
While there is more interest in homes, buyers are less likely to pay inflated prices. Good homes will always sell well, but vendors need to remain realistic in their expectations.
Read more
Newsroom , Real Estate Insights
Is now the right time for first-time buyers to enter the housing market? | Wellington Market Update | August 2024
Across the Wellington region, demand is strong, particularly within the first-home buyer range. The city fringe suburbs remain popular, as do the vibrant eastern and southern suburbs.
Read more
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.
Read more
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.
Read more