699 days ago

More sales, prices rise as activity builds in the property market

Matt from Matt Wineera - Thats Real Estate with Matt Wineera

With a significant increase in property listings, the rise in the total number of properties sold, and an increase in the median sale price, some buyers are holding out for the ‘right’ property while others are getting ‘into the market’ before competition rises as investors return.

This buoyancy is a positive sign that we haven’t seen for a while.

(source: REINZ February Property Report)

We are looking at the back of the government’s 100-day plan and the changes to the bright line test back to two years and the latest reintroduction of interest deductibility on investment properties for landlords

REINZ Chief Executive Jen Baird says with the combination of high listing numbers, elevated stock and shifts in the median sale price we are seeing increased activity.

Tauranga City Median Price
Feb-24 $901,500
Jan-24 $915,000

Tauranga City Sales
Feb-24. 207
Jan-24. 119
Feb-23. 170

If you want real estate advice or more info on the current market in your area give me a call - 0274 951 536

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More messages from your neighbours
6 days ago

Poll: Should the government levy industries that contribute to financial hardship?

The Team from Neighbourly.co.nz

As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙

One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.

So we want to hear what you think:
Should the government ask these industries to contribute?

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Should the government levy industries that contribute to financial hardship?
  • 59.3% Yes, supporting people is important!
    59.3% Complete
  • 26.2% No, individuals should take responsibility
    26.2% Complete
  • 14.5% ... It is complicated
    14.5% Complete
1093 votes
2 days ago

Small round patio table with 2 chairs

Teresa from Greerton - Parkvale

I am looking to purchase a small round patio table with 2 chairs.
If there is anybody who has one can you please msge me.
Teresa

5 hours ago

Summer Facial Special

Christine from Body Treatments

Facial including lash + brow tint + tidy = $97
Finishes 28/02/26
Appointments are available for , Massage, Spraytan, Waxing and Homeopathy. Gift Vouchers are available . Ph 5706270
bodytreatments@xtra.co.nz
www.body...

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