Results speak for themselves – Mike Robson and his team have been No 1 for Mt Eden and Epsom combined for 2014, 2015, 2016, 2017 & 2018 and consistently ranked in the Top 20 Harcourts Group’s Northern Regional Awards (2013-2018) and placed 11th Nationally in 2015. Mike, Lorraine, Rachel and Mona Lisa pride themselves on their focused, conscientious and strategic approach in their clients’ marketing campaigns.
The November CoreLogic QV House Price Index found that property values in New Zealand grew by 1.3% over the last three months. Auckland remains a key influence and while its quarterly growth hit the positives (0.1%) for the first time this spring, the long term trend of no effective growth in two years continues to illustrate the widespread unaffordability in our largest city.
Within Auckland there isn’t too much variance in property value change across the city, with quarterly changes ranging from -0.7% in Rodney to 0.9% in Manukau.
CoreLogic research analyst Kelvin Davidson writes:
The latest CoreLogic Buyer Classification figures indicate that extra regulations and government pressure, haven’t slowed down residential property investors, who remain active in the market. First home buyers (FHBs) are still finding ways to get onto the ladder too.
25% of November’s residential property purchases across NZ were made by multiple property owners with a mortgage (mortgaged investors). As the first chart shows, the latest results continue the pattern over the last year: with mortgaged investors slowly but surely raising their market share. That’s after their share fell in late 2016 and into 2017 in the wake of LVR III (40% deposit) in October 2016.