It will be interesting to see if the talk of the need for more deposit translates into a dampening of the housing market. This is clearly targeted at the lower end of the market.  One thing that will not change is the on going under supply of homes in the favoured parts of Auckland.

Well attended Auctions, crowded open homes and competitive bidding on most properties continue to be the hallmarks of the current market - the other is buyer frustration.  In many cases the ‘arguable’ market value is somewhat less than the money required to actually purchase at Auction.  The demand versus supply factor often driving the premium required for ownership.

A stroll through our website reveals an amazing range of houses throughout the Auckland area.  It’s an exciting time in the residential market that is enjoying real momentum.  If you’re considering selling, it’s arguably never been better!

Finally – the holidays are over, schools are back and the property market is in full swing.  In times past, the observation has been made that property only goes well when the share market is off the pace.  Interesting to see both markets thriving.  Stabilized interest rates and strong demand will continue to reward home owners.