In response to this city’s on-going housing tension, the Auckland Council has produced “The Auckland City Unitary Plan (2013) draft”. This initiative will become Auckland’s planning rulebook, setting out how our city grows in the future. You can access this information on the council’s website. http://unitaryplan.aucklandcouncil.govt.nz/pages/xc.enquire/default.aspx

Fresh data out of the REINZ confirms what we continue to see in the marketplace. In the last year to March, the nation median house price rose $30,000 or 8.1% to a new high of $400,000. Ever more impressive was Auckland’s median gain of 13.5% to a new high of $562,000. Sitting on the side line may prove expensive.

Our success rate selling our Auction campaigns last month either before, on the day, or shortly after the event continues to sit above 90%. In fact, buyer demand in some situations has required auction day being brought forward, resulting in an early competitive sale being made for our vendor.

There’s change upon us. Daylight saving is about to end and that summertime feeling is definitely fading. Still we’ve had a dream run of weather and a residential market that continues to bask in sunshine. March proved to be another record month for us and we have no reason to believe a change of season will dampen buyer demand.