Category Archives: Newsroom

Featured Blog , Newsroom

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.

Newsroom

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.

Newsroom

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.

Newsroom , Real Estate Insights

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.

Community , Newsroom

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.

Newsroom , Real Estate Insights

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.

Newsroom , Real Estate Insights

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.

Newsroom , Real Estate Insights

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.

Newsroom , Real Estate Insights

“Buyer sentiment is improving, and properties priced right are selling swiftly, indicating a well-balanced market."

Newsroom , Real Estate Insights

The latest QV House Price Index report shows Wellington was second only to Queenstown for house price growth in the first quarter of 2024.