Category Archives: Newsroom
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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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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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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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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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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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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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