Real Estate Institute of New Zealand annual awards were held 24th August, 2017. With 37 categories, the awards for REINZ are a comprehensive guide to those businesses achieving outstanding success in their market places. Twiss-Keir Realty was one of three finalists in the Small Agency of the Year – across all disciplines (rural, residential, commercial and property management). This in itself was a magnificent effort in one of the most hotly contested categories of the night. Bindi Norwell, Chief Executive at REINZ says: “These awards are all about celebrating the best of the best throughout the country. As always, there was a high calibre of entries resulting in some tough calls for some of the judges. “Congratulations to all our winners for your achievements over the past 12 months – these accomplishments are something you can be extremely proud of. Thank you for helping to raise the bar of the real estate industry and for all your hard work,” she concludes. We are extremely proud of our efforts over the year and it is exciting to have recognition for all we do on a national stage. The number of properties sold across New Zealand in July fell by a quarter (24.5%) when compared to the same time last year, and the number of properties sold in Auckland fell by 30.6% (for the same period) according to the latest data from the Real Institute of New Zealand (REINZ) source of the most complete and accurate real estate data in New Zealand. From a national perspective, this represents the lowest number of properties sold in a non-Christmas month (i.e. December/January) since August 2014. Bindi Norwell, Chief Executive, REINZ says: “The number of sales across New Zealand has dropped significantly in comparison to the same time last year. A key reason for this is that the two biggest hurdles to purchasing a house right now are access to finance as the banks continue to tighten their lending criteria and LVR restrictions. This creates an intimidating barrier to entry to the real estate market, particularly for those saving for their first home. “No matter where we are in the country, agents tell us that there are a good number of buyers out there, but that these two issues are impacting both investors and first-time buyers alike. When you throw in an election, winter, school holidays and one of the wettest Julys on record, it’s little wonder the number of properties sold last month fell so significantly. “The LVR restrictions have done their job of slowing the market, but now it seems they are acting as a handbrake which is why REINZ is calling for LVRs to be reviewed for first time buyers,” says Norwell. Source; REINZ |
James Twiss
Licensed Business Owner of Harcourts Four Seasons Realty 2017 Ltd Greg Roberts
Licensed Business Owner of Harcourts Four Seasons Realty 2017 Ltd Archives
September 2020
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