First home buyers

Cam's Blog

You don’t want to live in Wanganui

We all know that buying a first home is a challenge. Especially in Auckland where prices are what they are. So it makes sense for people buying a first home (or second) to turn their attention to other locations where house prices are lower. Like … Read more

Auckland property market: Flat as a pancake

Interesting times in the Auckland property market. A year-on-year comparison of house price growth by Core Logic shows some parts of the city are still seeing some price increase but that’s not a unanimous picture, and the increases aren’t exactly … Read more

The gap between expectation and reality = OPPORTUNITY

When a property market changes there’s always a lag between that point and when market participants figure it out. Interestingly, participants never figure it out at the same time, which always creates tension. And tension is just another word for … Read more

AUCKLAND PROPERTY MARKET: A buyers’, sellers’ or bankers’ market?

September 2016 put a real dampener on the Auckland property market with the announcement from the Reserve Bank of a 40% deposit required by investors. Slowing things down for first home buyers was its direct intention and this legislation has … Read more

CAPITAL GAIN: What does it mean and why does it matter?

If you’re a first home buyer, you’ve probably heard the phrase ‘capital gain’ – but what does it really mean for you?  In Auckland getting capital gain is something of a weekend sport so most people know what it is, but just to be clear: it is the … Read more

House prices aren’t too high

If I had a $ for every time I’ve read that NZ house prices are too high and overvalued I could have retired from writing this blog already! To misquote Churchill, seldom have so many economic commentators given so many reasons to support the idea … Read more

Auckland suburb house prices

Two recent newspaper articles have provided some interesting insights to the current state of the Auckland property market. The first looked at changes in house prices over the last 12 months, suburb by suburb. Nationally, 7 of the top 10 suburbs … Read more