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2509 days ago

SELL IN SPRING FOR HIGHER PRICES, WINTER FOR FASTER SALE

Garry Tranter from Price My House for Free Limited

When you are selling a house, your success often seems to come down to a bit of luck.

The right buyer finds your open home, and - if you're really fortunate - gets into a bit of competitive bidding with another keen purchaser to push up the price.

But when the market is not so hot, that luck can feel harder to find. The latest Real Estate Institute figures show the number of sales in September was down by a quarter, year-on-year.

Market commentators say timing your sale right can help. Kim Sinclair, of Crockers Research Hub, said data showed a connection between migration flows and house price movements.

New Zealand's net migration has been running at a record rate as more people move here and fewer leave. This is one of the factors credited with driving strong house price growth over the past five years. But Sinclair said there was a clear pattern of migration dips between March and May each year, and again in November. That seemed to correlate with dips in sales prices, too.

Sinclair said it made sense that an influx of new arrivals looking for a home would have an effect on the housing market. "This suggests that selling property may not be recommended during those periods as demand may be lower and, conversely, these periods could be good times to buy." Nigel Jeffries, head of Trade Me Property, said winter was the best time of year for sellers who wanted a quick sale. His site's data showed that between June and August, houses spent less time on the market. Last year, properties in Wellington and Christchurch sold faster in winter than in any other season, spending an average of 24 and 38 days on the market, respectively.

More messages from your neighbours
3 days ago

Poll: Should drivers retake the theory test every 10 years?

The Team from Neighbourly.co.nz

Drivers get where they need to go, but sometimes it seems that we are all abiding by different road rules (for example, the varying ways drivers indicate around a roundabout).
Do you think drivers should be required to take a quick driving theory test every 10 years?

Vote in the poll and share any road rules that you've seen bent! 😱

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Should drivers retake the theory test every 10 years?
  • 49.5% Yes
    49.5% Complete
  • 48.6% No
    48.6% Complete
  • 1.9% Other - I'll share below
    1.9% Complete
2604 votes
12 hours ago

Tai Chi October - December 2024

Andrew from Birchville

Hi, I'm Andrew Hardwick, Tai Chi Instructor and member of NZ National Tai Chi Chuan Association Incorporated (NZNTCCA). The name of my wellness-focussed Tai Chi class is Not Strictly Tai Chi. The quirky name is a humorous twist on the name of shows like "Strictly Come Dancing", and from the fact that (a) I'm not strict and (b) If I see an exercise I think would provide a health benefit to my Tai Chi students, I will add it to my class offerings.

My Upper Hutt venue is Te Kupenga o Rongomai - Maidstone Sports Hub. Classes are in school term times only, and are open to all ages.
So far in 2024 we've had ages ranging from Mums attending while their kids are at school, through to retired people looking for healthy exercise.
No experience necessary. Experienced and beginners equally welcome

School Term 4 classes will be on the following dates

Wednesday evenings, from 7pm - 8pm
October 16th
October 23rd
October 30th
November 6th
November 13th
November 20th
November 27th
December 4th
December 11th
December 18th

Thursday mornings, from 10am - 11am
October 17th
October 24th
October 31st
November 7th
November 14th
November 21st
November 28th
December 5th
December 12th
December 19th

Enquiries welcome on 021 153 2508
Andrew Hardwick - Tai Chi Instructor

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12 hours ago

Here's Thursday's thinker!

Riddler from The Neighbourly Riddler

I am lighter than air, but a hundred people cannot lift me. What am I?

Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.

Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

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