Century 21 stories
Online property searches have surged as lockdown restrictions curb listings, while average asking prices in March still rose 5% year on year.
Lower borrowing costs are expected to bolster New Zealand property demand, with record-low interest rates giving buyers greater certainty and confidence.
Targeted advertising can speed up a home sale and lift the final price, as interest from online-only listings often fades quickly.
Buyers could face stronger competition and higher prices this month as warm weather and tight stock tempt more vendors to list.
Auckland's housing recovery is gathering pace, with low rates and tight listings expected to push prices higher in 2020.
Growing commuter demand and planned development are giving Tuakau a boost, as young Auckland families seek cheaper homes and bigger sections.
Big transport projects and a planned manufacturing hub are boosting demand for homes and rentals across Huntly and wider North Waikato.
Palmerston North’s relative affordability is drawing buyers as median values jump 13.7% to NZD $415,000, far below Auckland.
Many first-home buyers will still be shut out by income and price caps, leaving family loans and deposits crucial to getting on the ladder.
Looser deposit rules and bigger grants could help tenants buy sooner as Government-backed schemes are made more accessible.
Widening the KiwiSaver HomeStart grants could help more first-home buyers bridge soaring deposits as rents climb and rates stay low.
Home buyers have driven Turangi's median property value up 41% in a year, leaving it at NZD $260,000.
Auckland vendors are offering a $1.2 million home for Bitcoin, in a potential first cryptocurrency property deal for New Zealand.
The real estate group is set to expand faster in New Zealand after Derryn Mayne bought a 25% stake, bringing ownership back into local hands.
Fewer rental homes and higher rents could follow a capital gains tax, with landlords also cutting back on professional property managers.
A Wellington agent earned Century 21 New Zealand’s top sales title after two years in the industry, joining the group’s global top 2 percent.
North Waikato's Turangi and Huntly outperformed Auckland rivals as Century 21 New Zealand handed out its 2018 national awards in Auckland.
Low interest rates and looser lending are expected to cushion New Zealand property values, with first-home buyers set to gain most.
North Auckland’s growth is set to boost sales at Century 21 Crism Realty, where Clive Goodman has taken over as franchise owner and principal.
