Current Status of the Housing Market in Auckland, NZ
As a real estate investor, I’ve been closely tracking market trends, and Tony Alexander’s latest survey of agents aligns with what I’ve observed on the ground. The report notes that “a net 33% of agents have noted more people at open homes, up from 28% last month, 8% in July, and a low of -16% […]
Why I’m Betting Big on Off-the-Plan Property in New Zealand
Reflections of an Investor with 5 Years in the Market Kia ora, I’m Karan Sawhney, and I’ve been investing in NZ property since 2017. I’ve bought, developed, held, sold, and rented. I’ve seen booms, busts, policy shifts, and interest rate roller coasters. Through it all, one strategy has repeatedly stood out for me: buying off-the-plan. […]
Is Now the Right Time to Buy a House? The Case for Moving Early
With prices still soft, plenty of stock on the market, and interest rates edging lower, many commentators are saying: it might actually be a good time to buy. Here’s why. Prices are still flat House prices remain around 15–17% below their peak, and confidence in big price rises over the next year has dipped. In […]
Reserve Bank’s OCR Decision – A Positive Shift for Property & Development
Big news from the Reserve Bank this week: the OCR has been cut by 25 basis points to 3%. Even more telling, a bigger 50-point cut was on the table — showing just how focused the Bank is on giving the economy a lift. So, what does this mean for property and development? Borrowing just […]