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Make sure you check out the latest Hamilton Residential Market report for April. Read more

Lodge Market Report - April 2016

Published on: 2016-05-02
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Check out the latest market report for Hamilton by Jeremy O’Rourke (Director of Lodge Real Estate). Read more

Official Cash Rate Unchanged

Published on: 2016-04-28
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The Reserve Bank today left the Official Cash Rate unchanged at 2.25 percent. The outlook for global growth has deteriorated over recent months due to weaker growth in China and other emerging markets. Prices for some commodities, including oil, have picked up but remain weak. Monetary conditions are extremely accommodative internationally, with considerable quantitative easing and negative policy rates in some countries. Financial market volatility has eased in recent weeks, but markets continue… Read more

Lodge Market Report - March 2016

Published on: 2016-04-14
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Check out the number of dwellings sold, total value of sales, median sale price and much more for March. Read more

Lodge Market Report - February 2016

Published on: 2016-03-15
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Check out the number of dwellings sold for February, total value of sales, median sale price, the number of properties available for sale, and much more. Read more

Lodge Market Report - January 2016

Published on: 2016-02-23
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Check out the latest market report for January - including the number of dwellings sold, total value of sales, median sale price, and much more. Read more

Lodge Market Report - December 2015

Published on: 2016-01-28
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Check out the market report for December - number of dwellings sold, total value of sales, median sale price, and much more. Read more

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A change to the residential tenancy law has been introduced which includes requirements on owners to include insulation and smoke alarms in properties. Over the next four years, the new law will require, where necessary, retrofitting of ceiling and underfloor insulation in rental homes. For private rental housing, the requirement applies from 1 July 2019. There will be exemptions; for example, where it is physically impractical to retrofit insulation due to limited space underfloor, or inaccessible,… Read more

Residential Investment Outlook

Published on: 2016-01-21
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General manager Lodge Rentals David Kneebone reflects on 2015 and casts his eyes forward to 2016. This time last year I presented a speech to the Auckland Property Investors Association (APIA), extolling the virtues of investing in the Hamilton residential property market. I touched on three key issues. First, I reflected on Hamilton’s growing demographic of young and well educated people within its population, a key cohort which was creating new employment opportunities across the… Read more

The Crystal Ball - 2016

Published on: 2016-01-20
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The Hamilton residential property market staged a strong recovery during 2015. The number of sales surged almost 60% over 2014 which, coupled with record low number of properties available, caused the median price to soar around 28% between March and the end of the year. The primary drivers of the increase in demand were from three buying sectors. Firstly Auckland property prices skyrocketing caused a wealth effect amongst Auckland property owners. A number of these owners liberated their capital… Read more

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