Latest Market Statistics
Read Now
News

Market Comment – August 2019

Strong marketing achieves success in Auckland apartment market

Despite it being winter and a rather slow market, our listing numbers for apartments in Auckland are increasing steadier compared to our mid-year records for 2018.

There’s no doubt about it: buyers are active in Auckland’s apartment market. But the difference between buyer outlook this year compared to last is that they have more confidence. The result? Buyers are taking more time to make decisions.

These challenges are being overcome in our auction rooms. To date, we’re continuing to see active bidding right across the board, with more success bridging the buyer-seller gap on the auction floor or post-auction, as our auction clearance rate sits at circa 68%.

But we can’t ignore the fact that to successfully sell Auckland apartments in such a market, it pays to have a solid marketing plan in place. Well-promoted properties are still attracting strong buyer competition and, ultimately, getting better results for buyers and sellers alike.

So, if you’re looking for new, luxury, waterfront or studio apartments for sale in Auckland, or you need expert support in buying or investing, give us a call today.

Up to Date

Latest News

  • Auckland Apartment Report – June 2024

    Chaos Reigns – Or Does It ? OCR steady, First Home Buyers Grant gone, brightline test back to square one, investor interest deductibility reinstated, debt to income ratios start 1 July, LVR’s, job losses, the Budget, the cost of living, not to mention protest marches ………………………….. From The New Zealand … Read more

    Read Full Post

  • Auckland Apartment Report – May 2024

    Inflation Slowing But Proving A Stubborn Beast REINZ CEO Jen Baird said about recent inflation levels: “Inflation came in at 4%. Which is good in the fact it is down from 4.7%. At its highest point, it was 7.3% back in June 2022. So the fact that it is trending … Read more

    Read Full Post