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Showing posts with the label New Zealand property

Unlocking Kiwi Property: A Comprehensive Guide for Global Buyers in 2025

Breaking into the New Zealand property market as an overseas buyer can often seem like navigating a maze. The rules are strict, the paperwork can be overwhelming, and the questions from clients are many: “Can I actually buy here? What are the restrictions? How do I make sure I’m compliant?” If you want to become the go-to property agent or advisor for international investors looking to tap into this lucrative market, mastering the essentials is key. This guide will walk you through the critical points you need to know to confidently assist overseas buyers in investing in New Zealand real estate. Table of Contents 📜 Understanding the Legal Landscape for Overseas Buyers 🗂️ Guiding Clients Through Essential Paperwork 📊 Selling the Market, Not Just the Property ⚖️ Advising on Legal and Tax Expertise 🤝 Building Trust and Becoming a Trusted Guide FAQ: Common Questions About Overseas Buyers in New Zealand Property 🏡 Conclusion: Your Path to Becoming a Kiwi Property Expert for Global...

What's Happening to the Property Market in New Zealand?

From the Pen of: Dr. Lee Konowe The property market is a constantly changing beast. What was once a seller's market is now a buyer's market. Values are still high but there has definitely been a slowdown in the market. In Auckland, the median house price is now around $830,000. This is still high but it's a far cry from the $1 million median that we saw a few years ago. The reason for the slowdown is mainly due to the new lending restrictions the Reserve Bank has put that in place. These restrictions have made it harder for people to get a loan, so there are fewer buyers in the market. This doesn't mean that the market is done for. The current market is still a good time to buy, especially if you're looking for a family home. Values are likely to stay stable for the next few years, so it's a good time to buy before they start to creep up again. If you're thinking of selling, it's best to wait until the market picks up again. There's still a lot of in...