Here at Lodge City Rentals, February saw a continuation of the market buoyancy we experienced in January, with our team certainly putting in the hard work:
New Zealand is experiencing an artificially suppressed housing market. As borders reopen, house prices, alongside with demand, could reignite as those locked out through MIQ restrictions return looking for somewhere to live, says a Hamilton real estate agent.
Students and young professionals are having to consider living alone as many reassess their accommodation because of a lack of suitable three- and four-bedroom rental properties for flatting.
February often marks the ‘real’ start of the year, as people settle into routine, schools return and we get stuck into work following the long weekends. After high enquiry numbers in January, with our team fielding 3,970 tenant enquiries, February remains steady so far as Hamilton continues to experience growth as a city.
The number of homes for sale in Hamilton has nearly doubled compared to the same time last year but the number of rental properties available in the city is at an extreme low says real estate agency Lodge.
Welcome back for 2022! It’s a new year, but the housing market continues to be a hot topic of conversation, which I don’t see changing anytime soon.
Real estate agents say some sanity is returning to the Hamilton housing market as they tackle conversations with vendors about their price expectations and buyers face having bank preapprovals removed.
To help you determine whether you’ll need to pay a property tax, here’s a run through of how Zealand’s tax laws have changed—and what they could mean for your home sale.
Hamilton is an exciting place to be, with the city undergoing a period of transformation from every angle. Have a watch of our latest video, where our Managing Director Jeremy O’Rourke and Stark Property’s Matt Stark talk through the key developments to keep your eye on, covering residential and commercial activity.
