A Whole New Decade!

2020 is here! A whole New Decade! And the property market has shaken off its Winter 2019 doldrums and activity and prices have bottomed out in late 2019 and sales are rising. As are listings and closure rates at major auction houses in Auckland, especially. The low mortgage interest rates (the lowest in over 70…

World Update & Happy New Year

      LATEST LISTINGS.. 9 & 11 Jamish Drive, Warkworth https://marsrealty.co.nz/property/9-11-jamish-drive-warkworth/   43 Kawerau Avenue, Devonport https://marsrealty.co.nz/property/43-kawerau-avenue-devonport/           Latest World News! Current status There are no cases of 2019-nCoV in New Zealand to date. The risk of an outbreak in New Zealand is low, but the Ministry of Health is…

Welcome to 2020!

HAPPY NEW YEAR     2020 TIME TO HIT THE GROUND RUNNING!   See our new listings! 13 Waka Street, Albany 26 Ketu Court, Albany The Banking Industry Starting from mid-2020, the banks which dominate the sector will have to increase their total capital to 18 per cent, from a minimum of 10.5 per cent…

December Property Update

MONTHLY PROPERTY REPORT 13th DECEMBER 2019. https://www.reinz.co.nz/Media/Default/Statistic%20Documents/2019/Residential/November/REINZ%20Monthly%20Property%20Report%20-%20November%202019.pdf Median house prices across New Zealand increased by 8.6% in November to a new record high of $630,000, up from $580,000 in November 2018, and 10 regions saw record median prices according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the…

Port Fight! Whangarei, Auckland, but why Warkworth?

https://marsrealty.co.nz/property/9-11-schnapper-rock-road-greenhithe/Happening in and around Auckland..     Auckland Port move: Import costs would rise by up to $600m says new study The latest volley over a proposal to move Auckland’s port to Northland says the cost of imports could rise by more than $600 million a year. The Ports of Auckland-commissioned report said the city’s economy would also…