Market Update September 2024

Published by: Professionals Redcoats, Sep 30, 2024 11:14:19 AM

Stability amidst change: Lower Hutt's Property Market Insights

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Market Update August 2024

Published by: Professionals Redcoats, Sep 2, 2024 5:30:45 PM

The August Real Estate market has brought an additional wave of buyer activity which is something not typically seen in late winter.

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Market Update July 2024

Published by: Professionals Redcoats, Jul 30, 2024 12:49:28 PM

Recent CPI inflation data from Stats New Zealand shows a 3.3% increase for the second quarter, which is lower than the Reserve Bank's forecast. Coupled with market data indicating low economic confidence, reversing immigration trends, declining retail spending, and stagnant house prices, economists ..

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Market Update June 2024

Published by: Professionals Redcoats, Jul 3, 2024 6:09:22 PM

June has been a steady month for new listings, with a 0.3% increase of properties that have come on the market compared to this time last year.

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Market Update May 2024

Published by: Professionals Redcoats, May 24, 2024 2:37:57 PM

As the Hutt Valley property market approaches the typically slower winter months, now is an ideal time to assess your situation and set your property goals for 2024 and the future. 

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Market Update April 2024

Published by: Professionals Redcoats, May 1, 2024 12:03:09 PM

In the realm of real estate, the only constant is change. Nowhere is this truer than in Lower Hutt, where the market seems to sway like a pendulum, influenced by a myriad of factors. From the presentation of homes to their location, each week brings a new narrative. Yet, amidst this flux, a gradual ..

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Market Update March 2024

Published by: Professionals Redcoats, Mar 27, 2024 11:56:21 AM

Interest rates, property values, immigration, and a new property cycle all factor into how the market is travelling. Below are 5 top insights and predictions for 2024 to help you get ahead of the market. 

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Market Update February 2024

Published by: Professionals Redcoats, Feb 27, 2024 2:33:40 PM

The month of January typically experiences a slower pace in the real estate market, with sales gaining momentum in February. However, the beginning of this year has shown a notable 4.9% increase in sales compared to the same period last year. 

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Market Update November 2023

Published by: Professionals Redcoats, Dec 5, 2023 10:28:35 AM

With a steady economic climate luring buyers back into the fold and a conclusion to the election, the market is much better than it has been, as seen by the figures from October released by REINZ. As the average days to sell continues to decrease, currently sitting at 37, it’s clear that now is the ..

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Market Update October 2023

Published by: Professionals Redcoats, Oct 31, 2023 12:08:17 PM

From the day after the election, buyers have come out in force. Multi offers have returned as confidence rises, where first home buyers are keenly wanting to own a home and those who have one are trying to move to a more suitable one. 

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