Matty Ma – Property commenter & top senior sales consultant for 22 years

Auckland city is speedy in “value dropping , business dropping & jobs dropping “…!    https://www.newsroom.co.nz/2019/08/29/780086/auckland-wants-more-money-from-rest-of-nz?amp=1 From February the signs were there!   https://www.tvnz.co.nz/one-news/new-zealand/auckland-property-market-falling-we-speak-acting-like-sydney-lite-economist?gclid=Cj0KCQjw2K3rBRDiARIsAOFSW_6B6QXNqGPhKNBMVFvYaE5OOYPz4wH48rfDzmYIM00xWBIbjVlOtxYaAjfKEALw_wcB https://www.reinz.co.nz/residential-property-data-gallery   Time to get leadership changed for a “shake /up!” Back on track .    Question is…. Who are they? Real Estate market where is it heading?  Challenges will reflect…

West Auckland Trap

When future urban zones set earlier in the West, the market was quick to react, causing massive land sales. All of which were before future plan confirmations.   Lots of land holders have moved on with good sales price. Traded themselves from assets rich position to cash holder’s new generation of wealth. Though many over…

North Shore is leading the game!

  New Zealand’s services sector activity slipped further in April, touching the lowest level in more than six years and adding to concerns about an economic slowdown. https://www.nzherald.co.nz/economy/news/article.cfm?c_id=34&objectid=12232603 Confidence in the economy remains at historically low levels along with Australia – something which tends to be blamed on either Government policy or the political leanings…

Auction Sales Below or Above Rating Valuations

Selling prices were fairly evenly clustered around rating valuations at the residential property auctions monitored by interest.co.nz in the week from 18-24 February. Of the 355 residential property auctions around the country monitored by interest.co.nz during the week, sales were achieved on 131 (including those that were sold prior to the auction and those that were sold…

New Interest In Mortgage Rates

Mortgage brokers say a new sub-4 per cent mortgage rate launched by a major bank could be the start of another mortgage war. From today Westpac is offering a one-year fixed term rate of 3.99 per cent – down 16 basis points on its standard rate of 4.15 per cent. The offer is only available…