Скачать или смотреть July Market Update with Diego Traglia, Todd Murray & Nick Coyle

It's our July Market Update and during this month we continued to see a slight drop in prices but there is definitely a stabilisation in the Auckland real estate market, which is surprising for this time of year, it will be interesting to see what Spring brings.

Our mortgage advisor Nick has seen an increase in first home buyers with the removal of pricing caps on houses so now up to $875k for new or existing homes which is contributing to a recent market shift.

In July Diego saw his first auction in 2022 cancelled due to a pre-auction offer being accepted, is this a possible reflection of the market? As we head into ever-popular summer and the New Zealand media continues to report on the decrease in property prices Todd suggests that now could be a good time to buy.