Category Archives: Monthly Market Update – Residential

Opportunity Knocks

The latest release of data from Statistics New Zealand should keep residential property investors happy. Immigration is soaring, accelerating to a net-inflow of 4000 people during March. Hamilton typically experiences the effect of an immigration boom six to nine months after it is first reported: New migrants often settle in Auckland before moving to the [...]

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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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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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