Author Archives: jeremy

Hamilton Housing – Volume Down, Prices Up?

Lodge Real Estate’s managing director, Jeremy O’Rourke, said the Hamilton residential real estate market can be characterised by one word: paradoxical. “In the real estate market, a common adage is that ‘price follows volume.’  What this means is that, historically, as buyer activity tails off and the number of house sales fall, prices will steadily [...]

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Rents Rise As City Starts To Fill

Lodge City Rentals managing director, David Kneebone, said the company’s 3000 Hamilton rental properties are almost fully occupied with demand from tenants wanting quality family and executive homes the highest he has seen since the company started managing properties in 1982. Kneebone said in the past three years he has seen a trend emerging with [...]

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Hamilton Sales Numbers Low For February

Lodge Real Estate’s managing director, Jeremy O’Rourke, said February’s residential real estate numbers released by the Real Estate Institute of NZ (REINZ) today point to the fact buyers’ ‘fear of missing out’ is virtually gone from the Hamilton housing market. “The number of house sales in Hamilton city during February was much lower than the [...]

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