Real Estate Insights

As the curtain falls on 2021, it is an appropriate time to look at the year in retrospect, to reflect on the real estate market and the factors that have made it a year with a difference. Many of us will be diverting our attention towards Christmas festivities, family time and holidays after what has [...]

Real Estate Insights

Real Estate Insights

Historically, the summer season has been one of the busiest times of the year in real estate interrupted only by the brief annual Christmas shut down which will soon be upon us once again. This year appears to be progressing along similar lines as we continue to transact residential real estate sales in good numbers [...]

Real Estate Insights

Out of all the seasons, Spring and Summer must be the most popular. This is due in part to the warming weather, offering hope and anticipation for balmy summer evenings after a long dreary winter. My favourite part of the changing of seasons is watching the most beautiful flowers pop up and seeing life returning [...]

Real Estate Insights

Each month, the Real Estate Institute of NZ (REINZ) reports to members and to the general public on the state of the real estate market, and it provides commentaries and opinions based on sales activity for the previous month. The information provided is useful for comparison with our own sales patterns and results, and it [...]

Community , Newsroom

Tommy’s has taken its reputation for being community-minded to another level this year despite Covid disruptions. The Wellington-based real estate company has added two newcomers to its ever-growing list of non-profit organisations it supports.

Real Estate Insights

Wellington’s housing market continues to steam ahead but choosing the right time to list your home is pivotal to getting the best price for it. “If you are looking to sell prior to Christmas, you really need to have your home on the market by the first week of December at the latest,” Tommy’s Real [...]

Real Estate Insights

There is no doubt that life has become somewhat easier for Wellingtonians under Covid level 2, but it is very apparent that the threat of Covid is not going to go away in the short term. The last couple of months or so has been a difficult time for those needing to make life-changing personal and [...]

Real Estate Insights

Each month, the Real Estate Institute of NZ (REINZ) releases a report that analyses the latest trends in the residential, rural and lifestyle real estate markets. This sales data is supported by comments from the REINZ CEO including opinions and projections of the future. Tommy’s main interest of course, is in our specialty area, residential [...]

Real Estate Insights

As was widely predicted, the Reserve Bank have adjusted the Official Cash Rate upwards by 0.25% at the latest review on 6th October 2021.This was the first adjustment to the OCR since March 2020 and will come as no surprise to most market followers. Further increases seem likely to occur at subsequent reviews. As was [...]

Real Estate Insights

Each month, the Real Estate Institute of NZ (REINZ) releases a report that analyses the latest trends in the residential, rural and lifestyle real estate markets. This sales data is supported by comments from the REINZ CEO including opinions and projections of the future. Tommy’s main interest of course, is in our specialty area, residential [...]

Real Estate Insights

Interest rate hikes aren’t likely to affect Wellington house prices in the short term, Tommy’s Real Estate Sales Director Nicki Cruickshank says. “Listings are rebounding as we head into our busiest season and the Wellington market is still strong in terms of prices “This is mainly due to lack of supply but also because we’re [...]