REINZ - Anti-Money Laundering (AML)
May 2018 Market Update
IMPORTANT INFORMATION FOR BOTH BUYERS AND SELLERS
From 1 July 2018, lawyers and conveyancers are required to verify the identity of their clients in accordance with anti-money laundering legislation. If your lawyer cannot verify your identity in line with the legislation, they will not be able to act for you. If your lawyer cannot act for you, you may not be able to settle your property purchase or sale.
February 2018 Market Update - Whangaparaoa
$27K PRICE INCREASE SEES NZ HIT NEW RECORD MEDIAN PRICE IN MAY SAYS REINZ
A year-on-year price increase of $27,000 has seen New Zealand achieve a new record median house price of $562,000 – a 5.0% increase – according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data in New Zealand.
No Second Chances: 7 Steps to Make a Fantastic First Impression
The monthly median sale price for the Whangaparaoa region increased from January $855,000 to February $880,000.
The number of sales for February 2018 spiked to 145 compared to a slower January 2018 period which reached 111 sales.
December 2017 Market Update - Whangaparaoa
Studies over the years have shown that we make up our minds about people within seconds of meeting them. So it stands to reason that prospective buyers are doing the very same thing with your house, especially in a red-hot real estate market. More buyers these days are sizing up your space and making lightning-quick decisions about whether it's worth investigating further or whether they should hop back in the car and move on to the next house.
The monthly median sale price for the Whangaparaoa region decreased from November $995,000 to December $875,000.
The average days on the market over December was 38, moving slightly faster than November that sat at 41.
The number of sales for December 2017 dipped to 81 compared to a busier November 2017 period which reached 113 sales.