718 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
7 days ago

Poll: If we want to reduce speeding, what do you think actually changes driver behaviour? 🛻🚨🚓

The Team from Neighbourly.co.nz

In the Post's article on speeding penalties, the question is asked whether speeding fines are truly about road safety, or are they just a way to boost revenue for the Crown?

What do you think? Should speeding motorists receive speeding fines or demerit points?

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If we want to reduce speeding, what do you think actually changes driver behaviour? 🛻🚨🚓
  • 36.3% The sting of a fine (Money talks!)
    36.3% Complete
  • 63.7% The threat of demerit points (Nobody wants to lose their license!)
    63.7% Complete
1010 votes
10 days ago

Scam Alert: Bank cold calls

The Team from Neighbourly.co.nz

ASB is warning customers about reports of cold calls from scammers claiming to be from ASB. These scammers are trying to obtain personal information, including usernames, dates of birth, and verification codes sent to your mobile phone.

🛡️ The "Caller Check" Test
If you get a call from someone claiming to be from ASB and you’re unsure, just ask them for a Caller Check. You will then be able to verify the call through the app.

Remember, banks will:​​
❌ Never ask for your banking passwords, PINs, or verification codes​​
❌ Never need to know your full credit card number – especially the CVC
❌ Never ask you to download software or remotely access your device​​
❌ Never ask you to purchase gift cards or transfer funds.

If you have received a phone call and think your account has been compromised, call ASB on 0800 ASB FRAUD (0800 272 372), or visit your local branch.

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B
9 hours ago

ACAPELLA GROUP Gospel, Rhythm & Blues etc

Barbara from Bethlehem

Do you have an interest in forming a group to enjoy some gutsy music purely for the joy of it?
If you are interested please contact me and lets see if we can get something going. Barbara 0275787458