HOW TO HANDLE THE housing heat
While there may be talk of changes to the Kiwi housing market, the reality remains: New Zealand houses continue to be hot property.
Searching for your dream build, whether new or old, may come with challenges — largely thanks to continued competition — yet, for those willing to stay the course, do their homework and understand the risks and benefits, the right home awaits. Trade Me Property, New Zealand’s number one real estate buying website, is an excellent resource for navigating any potential changes, while garnering insider information to help ease property search anxiety. According to Trade Me Property experts, in-demand housing is still largely driven by consistently low interest rates. This makes buying a home more affordable for many, as borrowing bank money essentially costs less. In-demand housing can also be attributed to the continued “fear of missing out” (FOMO), which adds buyer emotions to the mix, elevating prices in the auction room and on the negotiation table. Stay abreast of any changes in the market via the Trade Me Property website or app, while searching for accommodation types, suburbs, highest and lowest price, latest listings and open homes.