June 2021

In 2021, the annual increase in asking price reached 16% by March. The Auckland housing market news was quite iterative of the impressive sale numbers- in spite of a drop in supply by 9%, and a demand increase by 26%, in March. Wellington leads the pack with its highest year-on-year growth, clocking 20% above the average asking price prevalent thi...

In any market, it is difficult to offload a commodity that is in bad shape. That applies even more to real estate deals. Generally, when we mention ‘property’ and ‘bad condition’, we can consider multiple shortcomings with the asset by a thumb rule, which makes it further difficult to offload properties in bad condition. Therefore, for sell...