70 days ago

September 2024 real estate results show signs of stability

Matt from Matt Wineera - Thats Real Estate with Matt Wineera

Some optimism returns to New Zealand’s property market The Real Estate Institute of New Zealand (REINZ) September 2024 figures show additional signs of stability as spring began and confidence increased among both vendors and buyers. According to REINZ Chief Executive Jen Baird, while the market remains subdued, there is a noticeable rise in positivity and confidence that things will continue to improve as we approach the end of the year. Despite lingering challenges such as the cost of living, many believe that the downward trend of interest rates will lead to a gradual recovery as we move into 2025.💰🏘️

Tauranga City Median Price
Sep-24 $890,000
Aug-24 $850,000
Sep-23 $875,000

Tauranga City Sales
Sep-24 232
Aug-24 232
Sep-23 189

Owner-occupiers and first home buyers were the most active buyer groups, with early enquiry from investors and retirees in Tauranga. Most vendor expectations were realistic and willing to meet market expectations. Others were still a bit optimistic and hoped for higher prices. Attendance at open homes improved, as those attending were well-researched buyers ready to transact as interest rates declined and the weather improved.☀️

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More messages from your neighbours
D
2 days ago

Free Polythene

David from Bethlehem

Large roll of polythene available to pick up for free ph 5792397

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7 days ago

Poll: Would you rather: Christmas in summer forever or winter forever?

The Team from Neighbourly.co.nz

Just a bit of a fun poll to get you thinking.

If you had to live out your Christmas days, would you prefer it was a summer Christmas or a winter Christmas?

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Would you rather: Christmas in summer forever or winter forever?
  • 62% Summer
    62% Complete
  • 36.5% Winter
    36.5% Complete
  • 1.5% Other - I'll share below
    1.5% Complete
1503 votes
1 day ago

✨ Wishing You a Magical Christmas & an Incredible 2025!🎄

Matt from Matt Wineera - Thats Real Estate with Matt Wineera

As we say goodbye to 2024 we hope your year has been full of growth, achievements, and maybe even a little magic. ✨
Stay calm and stay safe (remember it's not what's under the tree but who is around the it). 🎄🧑‍🧑‍🧒‍🧒 👥.

Here’s to a 2025 filled with opportunity, joy, and lots of adventures!

Meri Kirihimete from our family to yours.
See you in the New Year!

#MeriKirihimete #MerryChristmas #Tauranga

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