Category Archives: Real Estate Insights

Real Estate Insights

One of the most misunderstood words in real estate circles is the word ‘freehold’; we hear it being misused almost daily! A freehold title is a ‘fee simple title’ – without doubt the best type of title possible.

Newsroom , Real Estate Insights

THE DEMAND for Wellington homes will continue to outstrip supply over winter but one of the capital’s top real estate expert expects prices to stabilise. “The Wellington housing market continues to move along,” Nicki Cruickshank, Sales Director of Tommy’s Real Estate, says. “It’s still a good market but I would suggest the rate of growth [...]

Real Estate Insights , Wellington

MARKET COMMENT AS AT 16th April 2021 Recent housing policy changes announced by government have not yet had any marked influence on a market dominated by strong and unsatisfied buyer demand. Despite the announcement of a number of new policy initiatives it has been business as usual in a buoyant and fast-moving marketplace. Tommy’s recorded [...]

Real Estate Insights

In the last few weeks, the seasonal changes have been noticeable as we find ourselves getting out of bed in the mornings in the dark. This is not the start to a day that many would wish for, but it is a fact of life as we transition from summer to autumn. It is also [...]

Newsroom , Real Estate Insights

MARKET COMMENT AS AT 15th March 2021 The latest statistical information released by the Real Estate Institute of NZ (REINZ) confirms Tommy’s analysis that the market is still moving at pace and that sales are being recorded at unprecedented prices and in record breaking numbers.

Real Estate Insights

If the events of the past year or so have proved one thing, then that must surely be the resilience shown by the average Kiwi.

Real Estate Insights

Much has been written and said about the plight of first home buyers who are struggling to compete in a rampant real estate market.

Newsroom , Real Estate Insights

MARKET COMMENT AS AT 24th FEBRUARY 2021 The Real Estate Institute of New Zealand (REINZ) report that despite most New Zealanders taking a summer holiday in January, the housing market was busier and more buoyant than we would usually see at this time of the year. In most areas, house prices have continued to rise, [...]

Real Estate Insights

Look back at the past and it will be very evident that – as we have often stated – the real estate market is cyclical. There have been times when prices have risen, there have been other times when prices have steadied or even dropped, but overall the owners of property who purchased for the [...]

Real Estate Insights

It has all been said before, but every day it seems the media reminds us of the explosive real estate market we are operating in. Record after record of sales numbers, house prices and the time is taken to sell are broken and there is a constant reminder that first homeownership is fast becoming a [...]

Real Estate Insights

MARKET COMMENT AS AT 4th JANUARY 2021 Real Estate news dominated the media during 2020 as against early predictions, prices throughout the country reached unprecedented highs. Records were shattered in most regions for the number and value of sales and for the reduced average time that residential property was taking to sell. Receiving multiple offers [...]

Real Estate Insights

The year 2020 will be a memorable one! It will be a year that we will never forget